Roxas and Company, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 12:34 am EST
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Roxas and Company, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 122.04 million compared to PHP 156.12 million a year ago. Revenue was PHP 160.15 million compared to PHP 161.13 million a year ago. Net loss was PHP 91.36 million compared to PHP 119.61 million a year ago. Basic loss per share was PHP 0.04 compared to PHP 0.06 a year ago. Diluted loss per share was PHP 0.04 compared to PHP 0.06 a year ago.
For the nine months, sales was PHP 394.87 million compared to PHP 560.69 million a year ago. Revenue was PHP 566.99 million compared to PHP 644.78 million a year ago. Net loss was PHP 447.57 million compared to PHP 292.33 million a year ago. Basic loss per share was PHP 0.2 compared to PHP 0.13 a year ago. Diluted loss per share was PHP 0.2 compared to PHP 0.13 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. 
