Roxas and Company, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
May 17, 2022 at 12:30 am EDT
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Roxas and Company, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was PHP 813.53 million compared to PHP 346.07 million a year ago. Revenue was PHP 998.46 million compared to PHP 539.4 million a year ago. Net income was PHP 292.2 million compared to net loss of PHP 1,080.3 million a year ago. Basic earnings per share from continuing operations was PHP 0.12 compared to basic loss per share from continuing operations of PHP 0.51 a year ago. Basic earnings per share was PHP 0.12 compared to basic loss per share of PHP 0.51 a year ago. Diluted earnings per share was PHP 0.12 compared to diluted loss per share of PHP 0.51 a year ago.
Roxas and Company, Inc. is a Philippines-based holding company. The Company holds interests in the real estate, hotels and resorts development and management business through its wholly owned subsidiary, Roxaco Land Corporation (RLC). The Company is engaged in sugar milling and ethanol manufacturing businesses of Roxas Holdings, Inc (RHI). The Company is also involved in coconut processing and exports through its subsidiary, Roxas Sigma Agriventures, Inc. (RSAI). It is also focused on renewable energy development. The Companyâs segments include Real Estate, Hotel, Manufacturing and others. The Company, through its subsidiary, Central Azucarera Don Pedro, Inc., provide the refined sugar requirements of traders and industrial customers, such as multinational food and beverage and pharmaceutical companies in Luzon.
ROXAS AND COMPANY, INC. 
