Transpacific Broadband Group International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 18, 2021 at 10:52 am IST
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Transpacific Broadband Group International, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was PHP 15.048 million compared to PHP 9.514 million a year ago. Operating income was PHP 5.683 million compared to PHP 751,267 a year ago. Net income was PHP 5.370 million compared to PHP 493,015 a year ago. Basic earnings per share from continuing operations was PHP 0.0014 compared to PHP 0.0001 a year ago.
Transpacific Broadband Group International, Inc. is a Philippines-based telecommunications and broadcasting company. The Company is engaged in the business of public commercial radio, terrestrial, cable, and satellite broadcast. The Company has one reportable operating segment, which is the broadband and Internet services. Its services include provision for uplink services, very small aperture terminal (VSAT)-based Internet service, wireless networking, hosting, and content conversion. The Company focuses on Internet, Intranet, and local loop service subscriptions for schools, corporate private sector, and government agencies. It sells data services to subscriber schools for Internet connectivity and virtual private network connectivity, and video uplink services to local and foreign Broadband service providers and TV channels. It provides Internet over Satellite connectivity via C-band Satellite and Kacific Ka-band Satellite, which both cover the continent of Asia and Australia.
TRANSPACIFIC BROADBAND GROUP INTERNATIONAL, INC. 
