Ipm Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 12:38 am EDT
Share
IPM Holdings, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was PHP 52.642 million compared to PHP 55.579 million a year ago. Net income was PHP 12.355 million compared to PHP 10.447 million a year ago. Basic earnings per share was PHP 0.018 compared to PHP 0.015 a year ago. For the half year, total revenue was PHP 112.809 million compared to PHP 99.244 million a year ago. Net income was PHP 30.097 million compared to PHP 21.119 million a year ago. Basic earnings per share was PHP 0.044 compared to PHP 0.031 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. 
