Ever-Gotesco Resources and Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 08:21 am IST
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Ever-Gotesco Resources and Holdings, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was PHP 699,148 compared to PHP 463,442 a year ago. Net loss was PHP 699,148 compared to PHP 463,442 a year ago. Basic loss per share from continuing operations was PHP 0.0001 compared to PHP 0.0001 a year ago. For the nine months, operating loss was PHP 1.824 million compared to PHP 2.578 million a year ago. Net loss was PHP 1.824 million compared to PHP 2.578 million a year ago. Basic loss per share from continuing operations was PHP 0.0004 compared to PHP 0.0005 a year ago.
Ever-Gotesco Resources and Holdings, Inc. is engaged in the business of building shopping malls and leasing out to commercial tenants. The Company's malls are primarily leased out to Ever Department Store and Supermarket, Cinemas, banks, amusement centers, food shops, specialty stores, boutiques, drug store, service shops, gym and sporting facilities. The Company has approximately two operational malls, such as Ever Gotesco Commonwealth Center (EGCC) and Ever Gotesco Manila Plaza (EGMP). EGCC is located on a five-hectare lot being leased at the corner of Don Mariano Marcos and Commonwealth Avenues, Old Balara Quezon City. EGMP is a four-level commercial-cinema complex covering a total floor area of approximately 16,377.2 square meters. The Company, through its subsidiary Gotesco Tyan Ming Development, Inc. (GTMDI), owns the Ever Gotesco Ortigas Complex.
EVERWOODS GREEN RESOURCES AND HOLDINGS, INC. 
