Everwoods Green Resources and Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 07:38 pm EST
Share
Everwoods Green Resources and Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was PHP 4.25 million compared to net loss of PHP 0.476279 million a year ago. Basic earnings per share from continuing operations was PHP 0.0009 compared to basic loss per share from continuing operations of PHP 0.0001 a year ago.
For the nine months, net income was PHP 2.89 million compared to net loss of PHP 1.61 million a year ago. Basic earnings per share from continuing operations was PHP 0.0006 compared to basic loss per share from continuing operations of PHP 0.0003 a year ago.
Ever-Gotesco Resources and Holdings, Inc. is engaged in the business of building shopping malls and leasing out to commercial tenants. The Company's malls are primarily leased out to Ever Department Store and Supermarket, Cinemas, banks, amusement centers, food shops, specialty stores, boutiques, drug store, service shops, gym and sporting facilities. The Company has approximately two operational malls, such as Ever Gotesco Commonwealth Center (EGCC) and Ever Gotesco Manila Plaza (EGMP). EGCC is located on a five-hectare lot being leased at the corner of Don Mariano Marcos and Commonwealth Avenues, Old Balara Quezon City. EGMP is a four-level commercial-cinema complex covering a total floor area of approximately 16,377.2 square meters. The Company, through its subsidiary Gotesco Tyan Ming Development, Inc. (GTMDI), owns the Ever Gotesco Ortigas Complex.
EVERWOODS GREEN RESOURCES AND HOLDINGS, INC. 
