Ipm Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 11:52 pm
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IPM Holdings, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was PHP 66.088 million compared to PHP 55.534 million a year ago. Net income was PHP 1.258 million compared to PHP 11.578 million a year ago. Basic earnings per share was PHP 0.002 compared to PHP 0.017 a year ago. For the nine months, total revenue was PHP 192.414 million compared to PHP 167.845 million a year ago. Net income was PHP 3.635 million compared to PHP 41.676 million a year ago. Basic earnings per share was PHP 0.005 compared to PHP 0.06 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. 
