Keppel Philippines Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 08, 2021 at 01:57 am
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Keppel Philippines Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was PHP 2.1 million compared to PHP 8.61 million a year ago. Revenue was PHP 7.1 million compared to PHP 13.78 million a year ago. Net income was PHP 0.686582 million compared to PHP 4.42 million a year ago. Basic earnings per share from continuing operations was PHP 0.012 compared to PHP 0.077 a year ago. Diluted earnings per share from continuing operations was PHP 0.01 compared to PHP 0.077 a year ago.
For the nine months, sales was PHP 6.48 million compared to PHP 25.78 million a year ago. Revenue was PHP 381.19 million compared to PHP 42.88 million a year ago. Net income was PHP 266.36 million compared to PHP 14.98 million a year ago. Basic earnings per share from continuing operations was PHP 4.633 compared to PHP 0.26 a year ago. Diluted earnings per share from continuing operations was PHP 4.633 compared to PHP 0.26 a year ago.
Keppel Philippines Holdings, Inc. is a Philippines-based company, which is involved in investment holdings while its subsidiaries are in the real estate industry. The Company operates through two segments: investment holdings and real estate. The Companyâs subsidiaries include KPSI Property, Inc. (KPSI), Goodwealth Realty Development Corporation (GRDC) and Goodsoil Marine Realty, Inc. (GMRI). KPSI owns and leases office space in Country Space 1 Building in Makati City. GRDC owns and leases parcels of land and improvements in Batangas. GMRI owns the land in Bauan, Batangas, used by Keppel Philippines Marine, Inc. for the construction and repair of all types and classes of vessels together with the related services and operations of a shipyard.
KEPPEL PHILIPPINES HOLDINGS, INC. 
