Boulevard Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended February 28, 2023
May 29, 2023 at 03:27 am EDT
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Boulevard Holdings, Inc. reported earnings results for the third quarter and nine months ended February 28, 2023. For the third quarter, the company reported sales was PHP 2.9 million compared to PHP 3.97 million a year ago. Revenue was PHP 4.11 million compared to PHP 5.81 million a year ago. Net income was PHP 12.55 million compared to net loss of PHP 5.95 million a year ago. Basic earnings per share from continuing operations was PHP 0.00105 compared to basic loss per share from continuing operations of PHP 0.0005 a year ago.
For the nine months, sales was PHP 8.66 million compared to PHP 6.86 million a year ago. Revenue was PHP 13.4 million compared to PHP 10.44 million a year ago. Net loss was PHP 11.11 million compared to PHP 23.88 million a year ago. Basic loss per share from continuing operations was PHP 0.000926 compared to PHP 0.00199 a year ago.
Boulevard Holdings, Inc. is a Philippines-based company, which primarily invests in, purchases, or otherwise acquires and owns, holds, uses, develops, sells, assigns, among others, real and personal property of every kind and description. The Company and its subsidiaries have investments in operations involved in the development of leisure, hotel and tourist estates, as well as residential and office condominiums, operation and management of hotels and resorts, travel related and other allied businesses and services in the Philippines and abroad. The Company operates through two segments: hospitality and leisure, and investment holding. Hospitality and Leisure segment is primarily engaged in delivering service and hospitality through accommodations, room amenities and offers a range of cuisine. Investment Holding segment is primarily engaged in the holding and leasing of investment properties. Its subsidiaries include Fridayâs Holdings, Inc., Fridays Puerto Galera, Inc. and other.