Keppel Philippines Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 07:23 am IST
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Keppel Philippines Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 2.78 million compared to PHP 2.1 million a year ago. Revenue was PHP 11.17 million compared to PHP 7.1 million a year ago. Net income was PHP 1.47 million compared to PHP 0.686582 million a year ago. Basic earnings per share from continuing operations was PHP 0.026 compared to PHP 0.012 a year ago. Diluted earnings per share from continuing operations was PHP 0.026 compared to PHP 0.012 a year ago.
For the nine months, sales was PHP 8.35 million compared to PHP 6.48 million a year ago. Revenue was PHP 30.5 million compared to PHP 381.19 million a year ago. Net income was PHP 2.25 million compared to PHP 266.36 million a year ago. Basic earnings per share from continuing operations was PHP 0.039 compared to PHP 4.633 a year ago. Diluted earnings per share from continuing operations was PHP 0.039 compared to PHP 4.633 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.