Crown Equities, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
June 25, 2020 at 05:40 am IST
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Crown Equities, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was PHP 58.535 million compared to PHP 60.693 million a year ago. Net loss was PHP 31.929 million compared to net income of PHP 15.544 million a year ago.
Crown Equities, Inc. is a Philippines-based investment holding company. The Company is engaged in the business of real estate development and healthcare through its subsidiaries. The Company operates through three segments: Real estate, Healthcare services and Investment holdings. Real estate segment is involved in the acquisition of land, planning and developing residential communities, such as development and sale of condominium units and parking slots, residential lots and housing units. Healthcare services segment is involved in delivering out-patient health care services through ambulatory care centers. This includes the sale of medical goods and services. Investment holdings segment creates project investments and later dispose these investments after creating value. The Companyâs subsidiaries include Crown Central Properties, Corp., Parkfield Land Holdings, Inc., Healthcare Systems of Asia Phils., Inc, Fortmed Medical Clinics Makati. Inc. and Argent Capital Holdings Corporation.
CROWN EQUITIES, INC. 
