Boulevard Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2018
January 18, 2019 at 11:27 am IST
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Boulevard Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2018. For the quarter, the company reported revenues of PHP 6,248,537 compared to PHP 12,614,473 a year ago. Net loss was PHP 18,527,933 compared to PHP 3,039,887 a year ago. Loss per share equity holders of the parent was PHP 0.000887 compared to PHP 0.000182 a year ago.
For the six months, the company reported revenues of PHP 10,207,013 compared to PHP 26,130,759 a year ago. Net loss was PHP 25,393,750 compared to PHP 4,858,280 a year ago. Loss per share equity holders of the parent was PHP 0.001352 compared to PHP 0.000299 a year ago.
Boulevard Holdings, Inc. is a Philippines-based company, which primarily invests in, purchases, or otherwise acquires and owns, holds, uses, develops, sells, assigns, among others, real and personal property of every kind and description. The Company and its subsidiaries have investments in operations involved in the development of leisure, hotel and tourist estates, as well as residential and office condominiums, operation and management of hotels and resorts, travel related and other allied businesses and services in the Philippines and abroad. The Company operates through two segments: hospitality and leisure, and investment holding. Hospitality and Leisure segment is primarily engaged in delivering service and hospitality through accommodations, room amenities and offers a range of cuisine. Investment Holding segment is primarily engaged in the holding and leasing of investment properties. Its subsidiaries include Fridayâs Holdings, Inc., Fridays Puerto Galera, Inc. and other.