Keppel Philippines Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 01:56 pm IST
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Keppel Philippines Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 3.19 million compared to PHP 2.78 million a year ago. Revenue was PHP 12.13 million compared to PHP 10.31 million a year ago. Net income was PHP 4.21 million compared to PHP 0.711169 million a year ago. Basic earnings per share from continuing operations was PHP 0.074 compared to PHP 0.012 a year ago. Diluted earnings per share from continuing operations was PHP 0.074 compared to PHP 0.012 a year ago.
For the six months, sales was PHP 6.39 million compared to PHP 5.57 million a year ago. Revenue was PHP 23.97 million compared to PHP 19.33 million a year ago. Net income was PHP 7.28 million compared to PHP 0.774583 million a year ago. Basic earnings per share from continuing operations was PHP 0.127 compared to PHP 0.014 a year ago. Diluted earnings per share from continuing operations was PHP 0.127 compared to PHP 0.014 a year ago.
Keppel Philippines Holdings, Inc. is a Philippines-based company, which is involved in investment holdings while its subsidiaries are in the real estate industry. The Company operates through two segments: investment holdings and real estate. The Companyâs subsidiaries include KPSI Property, Inc. (KPSI), Goodwealth Realty Development Corporation (GRDC) and Goodsoil Marine Realty, Inc. (GMRI). KPSI owns and leases office space in Country Space 1 Building in Makati City. GRDC owns and leases parcels of land and improvements in Batangas. GMRI owns the land in Bauan, Batangas, used by Keppel Philippines Marine, Inc. for the construction and repair of all types and classes of vessels together with the related services and operations of a shipyard.