PH Resorts Group Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 07:17 pm EST
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PH Resorts Group Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was PHP 0.075029 million compared to PHP 0.034795 million a year ago. Revenue was PHP 0.361793 million compared to PHP 0.167742 million a year ago. Net loss was PHP 200.86 million compared to PHP 23.76 million a year ago. Basic loss per share from continuing operations was PHP 0.0288 compared to PHP 0.005 a year ago. Diluted loss per share from continuing operations was PHP 0.0288 compared to PHP 0.005 a year ago.
For the nine months, sales was PHP 0.582954 million compared to PHP 4.38 million a year ago. Revenue was PHP 2.43 million compared to PHP 9.63 million a year ago. Net loss was PHP 376.33 million compared to PHP 158.11 million a year ago. Basic loss per share from continuing operations was PHP 0.054 compared to PHP 0.033 a year ago. Diluted loss per share from continuing operations was PHP 0.054 compared to PHP 0.033 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. 
