RANK

COMPANY NAME

Auditor

 GROSS REVENUES

NET SALES

2003

2002

P millions 

% Change

  P millions 

Rank 

%Change

1

3

 TI (PHILIPPINES), Inc.

 SGV

 159,410

31.7

159,406

1

31.9

2

2

 Toshiba Information Equipment (Phil's.), Inc.

 SGV

143,995

11.5

143,993

2

11.5

3

4

 Manila Electric Co.

SGV

134,201

12.8

132,019

3

12.1

4

1

 National Power Corp.

COA

125,695

(4.6)

119,179

4

2.4

5

5

 Petron Corp.

SGV

110,978

19.3

110,737

5

19.9

6

6

 Pilipinas Shell Petroleum Corp.

JCC

101,365

17.2

100,722

6

17.2

7

10

 Philippine Long Distance Telephone Co.

SGV

58,559

24.8

44,672

11

1.5

8

7

 Caltex (Philippines), Inc.

JCC

58,443

4.7

58,294

7

4.5

9

8

 Nestle Philippines, Inc.

SGV

53,373

3.1

53,240

8

3.4

10

11

 Globe Telecom, Inc.

SGV

51,396

10.1

49,478

9

8.0

11

17

 Smart Communications, Inc.

SGV

50,965

50.7

44,663

12

49.3

    12    

13

 San Miguel Corp.

SGV

49,811

15.0

46,926

10

18.8

  13  

12

 Philippine Airlines, Inc.

SGV

45,121

2.3

40,687

13

0.7

    14    

14

 Mercury Drug Corp.

VRA

42,985

13.0

42,528

14

13.0

   15   

22

 Panasonic Mobile Communications Corp. of the Phils.

SGV

35,940

35.5

35,787

15

36.3

    16    

18

 Philips Semiconductors Philippines, Inc.

LMC

35,487

12.1

35,402

16

12.6

17

16

 Fujitsu Computer Products Corp. of the Philippines

SGV

34,523

1.4

34,507

17

1.5

   18     

20

 Metropolitan Bank & trust Co.

SGV

33,629

11.7

22,888

27

3.0

19

19

 Coca Cola Bottlers Philippines, Inc.

SGV

30,258

(1.7)

29,234

20

(3.1)

20

15

 Hitachi Global Storage Technologies, Phil's. Corp.

SGV

29,174

(21.4)

29,291

18

(22.2)

21

24

 Rohm Electronics Philippines, Inc.

LMC

29,355

15.4

29,289

19

15.2

22

36

 Philippine Associated Smelting and Refining Corp.

CLM

28,889

61.7

28,789

21

62.3

23

21

 Fortune Tobacco Corp.

MPC

27,003

0.6

26,954

22

0.7

24

25

 San Miguel Foods Inc.

SGV

26,930

8.0

26,919

23

7.9

25

26

 Epson Precision (Philippines), Inc.

SGV

25,971

12.7

25,968

24

12.7

26

23

 Bank of the Philippine Islands

JCC

25,778

0.5

18,128

33

0.8

27

33

 First Gas Power Corp.

SGV

23,849

24.4

23,780

25

24.9

28

48

 Panasonic Communications Corp. of the Phils.

SGV

23,606

74.8

23,507

26

75.1

29

9

 Wistron Infocomm (Phils.) Corp.

SGV

21,879

(57.6)

21,878

28

(57.5)

30

30

 PNOC Energy Development Corp.

COA

20,950

5.9

20,370

30

3.8

31

37

 Toyota Motor Philippines Corp.

SGV

20,780

24.2

20,663

29

24.0

32

82

 Samsung Electronics Philippines Manufacturing Corp.

SGV

20,096

148.1

19,998

31

148.7

33

34

 Universal Robina Corp.

SGV

19,784

7.3

18,320

32

5.9

34

38

 Phil. American Life and General Insurance Co., The

SGV

19,825

18.6

11,185

56

14.2

35

29

 Phil. Amusement and Gaming Corp.

COA

19,379

(3.7)

16,571

36

(8.2)

36

35

 Land Bank of the Philippines

COA

18,530

3.7

15,237

38

5.3

37

39

 Equitable PCI Bank, Inc.

SGC

18,304

12.7

11,702

53

16.2

38

27

 Philip Morris Philippines Manufacturing, Inc.

JCC

17,864

(14.9)

17,812

34

(13.5)

39

28

 Citibank, N.A.

SGV

17,423

(15.3)

12,915

45

(15.4)

40

41

 Unilever Philippines, Inc.

JCC

16,779

7.1

16,709

35

7.3

41

32

 National Food Authority

COA

16,650

(14.5)

15,337

37

(15.1)

42

49

 United Laboratories, Inc.

OTH

15,928

19.0

14,988

40

18.8

43

40

 Supervalue, Inc.

JCC

15,582

(3.4)

15,219

39

(4.1)

44

120

 United Coconut Planters Bank

LMC

15,449

172.6

3,482

211

(24.1)

45

42

 Honda Cars Philippines, Inc.

SGV

14,521

(6.7)

14,317

43

(6.3)

46

47

 Mirant Sual Corp.

LMC

14,513

6.2

14,362

41

5.3

47

46

 Intel Technology Philippines, Inc.

SGV

14,504

5.9

14,322

42

5.9

48

51

 Amkor Technology Philippines, Inc.

JCC

14,021

9.5

13,740

44

8.9

49

50

 Jollibee Foods Corp.

SGV

13,912

4.7

12,271

47

3.8

50

44

 Development Bank of the Philippines

COA

13,549

(6.6)

11,162

57

(8.4)