COL Financial Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 18, 2021 at 12:47 am EDT
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COL Financial Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 232.179 million compared to PHP 270.661 million a year ago. Net income was PHP 114.592 million compared to PHP 122.485 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to PHP 0.02 a year ago. For the half year, total revenue was PHP 820.887 million compared to PHP 472.561 million a year ago. Net income was PHP 480.365 million compared to PHP 203.051 million a year ago. Basic earnings per share from continuing operations was PHP 0.1 compared to PHP 0.04 a year ago.
COL Financial Group, Inc. (COL) is a Philippines-based company that provides online financial services. The Company is engaged in offering stock brokerage and fund distribution services. The Company is also engaged in providing financial advice, in the gathering and distribution of financial and investment information and statistics and in acting as financial, commercial or business representative. The Company provides an online trading platform, which offers real-time market information and direct market access, while providing the comprehensive stock market research and analysis necessary for its clients. The Company operates through two segments: Stockbrokerage services and Others. The Stockbrokerage services segment includes the Companyâs stockbrokerage companies, mainly the Parent Company and COL Securities (HK) Limited (COLHK). The Others pertaining to the Companyâs subsidiaries other than COLHK. COL owns asset management firm, COL Investment Management, Inc. (CIMI).
COL FINANCIAL GROUP, INC. 
