GMA Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 12:03 pm IST
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GMA Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 0.492644 million compared to PHP 1.29 million a year ago. Net income was PHP 0.216867 million compared to PHP 0.909559 million a year ago.
For the nine months, revenue was PHP 4.49 million compared to PHP 9.7 million a year ago. Net income was PHP 2.94 million compared to PHP 6.97 million a year ago.
GMA Holdings, Inc. is a Philippines-based holding company. Its primary purpose is to invest in, purchase or otherwise acquire and own, hold, use, sell, assign, transfer, mortgage, pledge, exchange, or otherwise dispose of real and personal property of every kind and description. The Company focuses on the issuance of the Philippine Depositary Receipts (PDRs) relating to GMA Network, Inc. (GMA).