IPM Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 21, 2024 at 06:52 am
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IPM Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was PHP 1.67 million compared to PHP 0.806504 million a year ago. Revenue was PHP 44.94 million compared to PHP 50.19 million a year ago.
Net income was PHP 4.05 million compared to PHP 2.48 million a year ago. Basic earnings per share from continuing operations was PHP 0.005 compared to PHP 0.004 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. 
