IPM Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 17, 2022 at 12:48 am EDT
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IPM Holdings, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was PHP 1.2 million compared to PHP 0.624755 million a year ago. Revenue was PHP 77.05 million compared to PHP 68.03 million a year ago. Net income was PHP 8.16 million compared to PHP 2.12 million a year ago. Basic earnings per share from continuing operations was PHP 0.012 compared to PHP 0.003 a year ago. Diluted earnings per share from continuing operations was PHP 0.012.
IPM Holdings, Inc. is a Philippines-based company. The Company is engaged in the business of investment to own, hold, use, sell, assign, transfer, mortgage, pledge, exchange or otherwise dispose of real and personal property of every kind and description, and to manage any business, joint venture, firm partnership, corporation, institution or entity or otherwise act as holding or management corporation thereof. The Companyâs subsidiary, Basic Environmental Systems and Technologies, Inc. (BEST), is engaged in a contracting and consulting business for waste management, cleansing, sanitation and general hygiene to provide comprehensive waste disposal services. The Company operates through two segments: investment holding and service.
IPM HOLDINGS, INC. 