Macay Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
June 02, 2021 at 05:33 am IST
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Macay Holdings, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was PHP 9,319.697 million compared to PHP 10,440.212 million a year ago. Net income was PHP 73.584 million compared to PHP 226.253 million a year ago. Basic earnings per share from continuing operations was PHP 0.07 compared to PHP 0.21 a year ago.
Macay Holdings, Inc. is a Philippines-based investment holding company for ARC Refreshments Corporation (ARC), ARC Holdings, Inc., Artemisplus Express Inc. (AEI) and Macay Global Ventures Inc. (MGVI). The Companyâs brands include RC Cola, RC Cola No Sugar, Juicy Lemon, Fruit Soda Orange, Seetrus, Arcyâs Rootbeer, Rite âN Lite and Alon. ARC is engaged in the bottling, distribution, marketing and sales of RC Cola and other carbonated drinks in the Philippines. AEI is a canteen concessionaire in the Philippines, which serves clients mainly from BPO, corporate, manufacturing and hospital segments, and the ventured into the sale of packed meals and frozen meals. AEI operates under the trade name Kitchen City. MGVI owns RC Global Beverages Inc. (RCGBI), which has global licensing rights to RC Cola and associated brands in over 100 countries (excluding the United States, Mexico and Canada). RCGBI also develops flavors and provides concentrates for customers in different countries.
MACAY HOLDINGS, INC. 
