ATN Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
November 19, 2020 at 03:27 am
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ATN Holdings, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was PHP 5.145 million compared to PHP 6.864 million a year ago. Net loss was PHP 1.592 million compared to PHP 2.604 million a year ago. Total revenue was PHP 3.331 million compared to PHP 3.824 million a year ago. Net loss was PHP 551,963 compared to PHP 968,057 a year ago. For the half year, total revenue was PHP 8.476 million compared to PHP 10.665 million a year ago. Net loss was PHP 2.144 million compared to PHP 3.321 million a year ago.
ATN Holdings, Inc. is a Philippines-based holding company. The Company is engaged in real estate, land development, energy, and health care services. The Company operates in two segments: Real estate leasing and Aggregates, which is involved in the production and selling of rock aggregates. The Company invests in real properties and stocks. Its investments in real properties include several units of office condominiums at Summit One Tower located at 530 Shaw Boulevard, Mandaluyong City. Summit One Tower is a 48-storey building. Units of Summit One Tower are office condominium spaces ready for occupancy with its own separate six-level parking building and two basement parking levels. The units are for sale or leased through either direct sales or referrals from independent brokers. Its subsidiaries are Palladian Land Development Inc. (PLDI), ATN Philippines Solar Energy Group, Inc. (ATN Solar), Advanced Home Concept Development Corp. (AHCDC) and Managed Care Phil., Inc. (MCPI).
ATN HOLDINGS, INC. 
