IPM Holdings, Inc. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2018
April 16, 2019 at 02:48 am
Share
IPM Holdings, Inc. announced audited consolidated earnings results for the year ended December 31, 2018. For the year, the company reported service income of PHP 122,739,232 against PHP 209,627,948 a year ago. Revenue and other income was PHP 213,712,557 against PHP 296,129,832 a year ago. Net income was PHP 52,542,062 or PHP 0.06 per basic/diluted share against PHP 82,883,327 or PHP 0.09 per basic/diluted share a year ago.
IPM Holdings, Inc. is a Philippines-based company. The Company is engaged in the business of investment to own, hold, use, sell, assign, transfer, mortgage, pledge, exchange or otherwise dispose of real and personal property of every kind and description, and to manage any business, joint venture, firm partnership, corporation, institution or entity or otherwise act as holding or management corporation thereof. The Companyâs subsidiary, Basic Environmental Systems and Technologies, Inc. (BEST), is engaged in a contracting and consulting business for waste management, cleansing, sanitation and general hygiene to provide comprehensive waste disposal services. The Company operates through two segments: investment holding and service.
IPM HOLDINGS, INC. 
