ATN Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 14, 2023 at 06:15 pm EST
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ATN Holdings, Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was PHP 1.38 million compared to PHP 1.49 million a year ago. Revenue was PHP 13.59 million compared to PHP 7.18 million a year ago. Net income was PHP 1.02 million compared to net loss of PHP 0.770748 million a year ago.
For the nine months, sales was PHP 5.32 million compared to PHP 8.17 million a year ago. Revenue was PHP 33.49 million compared to PHP 19.61 million a year ago. Net loss was PHP 1.74 million compared to PHP 3.51 million a year ago. Basic loss per share from continuing operations was PHP 0.0003 compared to PHP 0.0008 a year ago.
ATN Holdings, Inc. is a Philippines-based holding company. The Company is engaged in real estate, land development, energy, and health care services. The Company operates in two segments: Real estate leasing and Aggregates, which is involved in the production and selling of rock aggregates. The Company invests in real properties and stocks. Its investments in real properties include several units of office condominiums at Summit One Tower located at 530 Shaw Boulevard, Mandaluyong City. Summit One Tower is a 48-storey building. Units of Summit One Tower are office condominium spaces ready for occupancy with its own separate six-level parking building and two basement parking levels. The units are for sale or leased through either direct sales or referrals from independent brokers. Its subsidiaries are Palladian Land Development Inc. (PLDI), ATN Philippines Solar Energy Group, Inc. (ATN Solar), Advanced Home Concept Development Corp. (AHCDC) and Managed Care Phil., Inc. (MCPI).
ATN HOLDINGS, INC. 