Ipeople, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 01:43 am
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iPeople, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net loss was PHP 107.540 million compared to PHP 156.195 million a year ago. Basic loss per share was PHP 0.1029 compared to PHP 0.1993 a year ago. For the half year, net income was PHP 50.811 million compared to net loss of PHP 59.702 million a year ago. Basic earnings per share was PHP 0.0487 compared to basic loss per share of PHP 0.0705 a year ago.
iPeople, inc. is a holding and management company. The Companyâs main operating subsidiaries are the Malayan Education System, Inc. (Mapua University), National Teachers College (NTC), University of Nueva Caceres (UNC) and Affordable Private Education Center, Inc. (APEC). Mapua University also has three main wholly owned subsidiaries, including Malayan Colleges Laguna, Inc. (MCL), Malayan High School of Science, Inc. (MHSS) and Malayan Colleges Mindanao, Inc. (MCM). Malayan Colleges Laguna, Inc. is located in Cabuyao, Laguna and established to extend the brand of the Mapua Institute of Technology to the south by offering programs in engineering, computer science, information technology, business, accountancy, and hotel and restaurant management to students who prefer to stay closer to home. MHSS is a science-and math-oriented high school located in Pandacan, Manila. Malayan Colleges Mindanao, Inc. offers Mapua-education in Davao and Mindanao.
IPEOPLE, INC. 
