A Brown Company, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 19, 2021 at 09:26 am IST
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A Brown Company, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 289.385 million compared to PHP 327.733 million a year ago. Net income was PHP 225.867 million compared to PHP 213.664 million a year ago. Basic earnings per share from continuing operations was PHP 0.09 compared to PHP 0.09 a year ago. For the half year, total revenue was PHP 83.638 million compared to PHP 84.852 million a year ago. Net income was PHP 53.887 million compared to PHP 92.947 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to PHP 0.04 a year ago.
A Brown Company, Inc. is a property development and investment company. It is engaged in the business of real estate development. Its prime real estate development property is Xavier Estates in Cagayan de Oro City. Its segments include Real estate development, Agricultural, Power and utilities, Holding, and Services. Real estate development segment is engaged in the development of land into commercial and residential subdivision, sale of lots and residential houses and the provision of customer financing for sales. Agricultural segment is engaged in the development of land for palm oil production and sale of palm oil and other palm products including, but not limited to refined bleached deodorized oil, palm olein, crude palm oil, palm stearin, palm acid oil, and palm kernels. Power and utilities segment is engaged in operating power plants and/or purchase, generation, production supply and sale of power. Services segment is a provider of irradiation services for all types of goods.
A BROWN COMPANY, INC. 
