PH Resorts Group Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 08:06 pm EDT
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PH Resorts Group Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 2.76 million. Revenue was PHP 5.7 million. Net loss was PHP 868.4 million compared to PHP 223.95 million a year ago. Basic loss per share from continuing operations was PHP 0.1193 compared to PHP 0.031 a year ago. Diluted loss per share from continuing operations was PHP 0.1193 compared to PHP 0.031 a year ago.
For the six months, sales was PHP 6.65 million. Revenue was PHP 12.05 million. Net loss was PHP 1,080.71 million compared to PHP 333.08 million a year ago. Basic loss per share from continuing operations was PHP 0.1484 compared to PHP 0.046 a year ago. Diluted loss per share from continuing operations was PHP 0.1484 compared to PHP 0.046 a year ago.
PH Resorts Group Holdings, Inc. is a Philippines-based holding company of PH Travel and Leisure Holdings Corp. (PH Trave). PH Trave is a holding company for the gaming and hospitality arm of the Udenna Group, which includes LapuLapu Leisure, Inc., The Base Corp., and Donatela Hotel Panglao Corp. LapuLapu Leisure, Inc. is the developer of Emerald, an integrated tourism resort to be located on a prime beachfront area on Mactan Island, Lapu-Lapu City, Cebu. Clark Grand Leisure Corp. is the developer of The Base, an integrated tourism resort to be located in Clark Freeport Zone, Luzon, Philippines. Donatela Hotel Panglao Corp. is the owner of the Donatela Hotel, a boutique-style, upscale hotel in Tawala, Panglao Island, Bohol. The Donatela Hotel has 12 upscale villas with pools, fine-dining restaurants and a wine cellar. It is located on a 7.5 hectares property approximately a 14-minute drive from the Bohol International Airport. It has two segments: Hotel and restaurant and Gaming.
PH RESORTS GROUP HOLDINGS, INC. 