Macay Holdings, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 15, 2021 at 08:38 pm EDT
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Macay Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was PHP 2,543.214 million compared to PHP 2,625.085 million a year ago. Net income was PHP 34.743 million compared to PHP 129.965 million a year ago. Basic earnings per share from continuing operations was PHP 0.03 compared to basic loss per share from continuing operations of PHP 0.12 a year ago. For the half year, sales was PHP 4,778.715 million compared to PHP 4,744.097 million a year ago. Net loss was PHP 16.748 million compared to net income of PHP 105.991 million a year ago. Basic loss per share from continuing operations was PHP 0.02 compared to basic earnings per share from continuing operations of PHP 0.1 a year ago.
Macay Holdings, Inc. is a Philippines-based investment holding company for ARC Refreshments Corporation (ARC), ARC Holdings, Inc., Artemisplus Express Inc. (AEI) and Macay Global Ventures Inc. (MGVI). The Companyâs brands include RC Cola, RC Cola No Sugar, Juicy Lemon, Fruit Soda Orange, Seetrus, Arcyâs Rootbeer, Rite âN Lite and Alon. ARC is engaged in the bottling, distribution, marketing and sales of RC Cola and other carbonated drinks in the Philippines. AEI is a canteen concessionaire in the Philippines, which serves clients mainly from BPO, corporate, manufacturing and hospital segments, and the ventured into the sale of packed meals and frozen meals. AEI operates under the trade name Kitchen City. MGVI owns RC Global Beverages Inc. (RCGBI), which has global licensing rights to RC Cola and associated brands in over 100 countries (excluding the United States, Mexico and Canada). RCGBI also develops flavors and provides concentrates for customers in different countries.
MACAY HOLDINGS, INC. 
