CTS Global Equity Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 16, 2022 at 01:17 am
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CTS Global Equity Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative revenue was PHP 3.04 million compared to revenue of PHP 2.86 million a year ago. Net income was PHP 21 million compared to net loss of PHP 1.6 million a year ago. Basic earnings per share from continuing operations was PHP 0.0034 compared to basic loss per share from continuing operations of PHP 0.0003 a year ago. Diluted earnings per share from continuing operations was PHP 0.0034 compared to diluted loss per share from continuing operations of PHP 0.0003 a year ago.
For the nine months, revenue was PHP 58.38 million compared to PHP 107.74 million a year ago. Net income was PHP 70.87 million compared to PHP 27.12 million a year ago. Basic earnings per share from continuing operations was PHP 0.0116 compared to PHP 0.0053 a year ago. Diluted earnings per share from continuing operations was PHP 0.0116 compared to PHP 0.0053 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. 
