Col Financial Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 10, 2020 at 02:58 am EDT
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COL Financial Group, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was PHP 1,085.934 million compared to PHP 1,156.662 million a year ago. Net income was PHP 458.776 million compared to PHP 512.554 million a year ago. Basic earnings per share was PHP 0.96 compared to PHP 1.08 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).