Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
May 18, 2020 at 01:37 am
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Top Frontier Investment Holdings, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was PHP 1,020,480 million compared to PHP 1,024,915 million a year ago. Net income was PHP 9,604 million compared to PHP 7,000 million a year ago. Basic earnings per share was PHP 24.18 compared to PHP 16.29 a year ago.
Top Frontier Investment Holdings, Inc. is a Philippines-based holding company. The Company operates through various segments: beverage, which produces and markets alcoholic and non-alcoholic beverages; food, which includes poultry operations, livestock farming, and processing and selling of meat products; packaging, which is involved in the production and marketing of packaging products, such as glass containers and glass molds; energy, which is engaged in power generation, distribution and trading, and coal mining; fuel and oil, which is engaged in refining and marketing of petroleum products; infrastructure, which is engaged in the construction and development of various infrastructure projects, such as airports, toll roads and roads; telecommunications, which is engaged in rendering domestic and international telecommunications services; cement segment, which is primarily engaged in the manufacturing, marketing and distribution of cement products, and real estate and others.