CTS Global Equity Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 02:00 am
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CTS Global Equity Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 13.39 million compared to PHP 23.02 million a year ago. Net income was PHP 6.21 million compared to PHP 29.79 million a year ago. Basic earnings per share from continuing operations was PHP 0.000903 compared to PHP 0.005168 a year ago.
For the six months, revenue was PHP 34.33 million compared to PHP 61.42 million a year ago. Net income was PHP 0.407708 million compared to PHP 49.87 million a year ago. Basic earnings per share from continuing operations was PHP 0.000059 compared to PHP 0.00865 a year ago.
CTS Global Equity Group, Inc is a Philippines-based proprietary trading company. The Company operates through three segments: Proprietary Trading, Brokerage Services, and Investment Income. The Company provides stock brokerage and dealership services at a fee for high net-worth clients. The Company's investments include assets outside of equities, such as forex and fixed income. The Company operates in multiple markets, namely the Philippines, United States, China, Hong Kong, Indonesia, and Japan.
CTS GLOBAL EQUITY GROUP, INC. 
