AbaCore Capital Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 13, 2023 at 09:29 pm EDT
Share
AbaCore Capital Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 28.87 million. Net income was PHP 3.73 million. Basic earnings per share from continuing operations was PHP 0.0009.
For the six months, revenue was PHP 354.58 million. Net income was PHP 311.89 million. Basic earnings per share from continuing operations was PHP 0.0722.
AbaCore Capital Holdings, Inc. is a Philippines-based holding company. The Company has interests in the leasing of gaming equipment, gold and coal mining, real estate and financial services. The Company operates through three segments: holding company, real estate business and financial services. The holding company segment is primarily engaged in purchasing, owning, holding, transferring, or disposing of real property of every kind and description, including shares of stocks and other securities, contracts or obligations of any corporation or association. The real estate segment includes purchases of land for appreciation. The financial services segment is involved in the accumulation of deposits and extension of rural credits to small farmers and tenants and to deserving rural industries or enterprises. The Company holds 102 gold mining claims in Agusan del Sur and Surigao del Sur and seven coal blocks, each containing 1,000 hectares, located in Surigao del Sur.
ABACORE CAPITAL HOLDINGS, INC. 
