Col Financial Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 19, 2020 at 10:09 pm EST
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COL Financial Group, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was PHP 212.267 million compared to PHP 286.690 million a year ago. Net income was PHP 93.023 million compared to PHP 145.714 million a year ago. Basic earnings per share from continuing operations was PHP 0.19 compared to PHP 0.31 a year ago. For the nine months, total revenue was PHP 676.320 million compared to PHP 898.211 million a year ago. Net income was PHP 296.075 million compared to PHP 460.046 million a year ago. Basic earnings per share from continuing operations was PHP 0.62 compared to PHP 0.97 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. 
