The Far Eastern University, Incorporated Reports Earnings Results for the Second Quarter Ended November 30, 2020
January 13, 2021 at 10:24 pm EST
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The Far Eastern University, Incorporated announced earnings results for the second quarter ended November 30, 2020. For the second quarter, the company announced operating income was PHP 597.314 million compared to PHP 465.733 million a year ago. Net income was PHP 589.332 million compared to PHP 460.979 million a year ago. Basic earnings per share from continuing operations was PHP 24.55 compared to PHP 19.23 a year ago. For the half year, operating income was PHP 442.943 million compared to PHP 504.265 million a year ago. Net income was PHP 440.534 million compared to PHP 493.956 million a year ago. Basic earnings per share from continuing operations was PHP 18.37 compared to PHP 20.6 a year ago.
Far Eastern University, Incorporated is a Philippines-based educational institution. It operates through three segments: FEU Main, Trimestral Schools, and Other Schools. It is comprised of seven institutes, which includes the Institute of Accounts, Business and Finance, Institute of Architecture and Fine Arts, Institute of Arts and Sciences, Institute of Education, Institute of Heath Sciences and Nursing, Institute of Law, and Institute of Tourism and Hotel Management. The Companyâs flagship programs include teacher education and business administration. It also offers senior high school programs in FEU High School, FEU Alabang, FEU Cavite, and FEU Diliman. It has also partnered with the Jerudong Park Medical Centre (JPMC) to establish the first private health science college in Brunei Darussalam, the JPMC College of Health Sciences. Its subsidiaries include East Asia Computer Center, Inc., Far Eastern College Silang, Inc., FEU Alabang, Inc., and FEU High School, Inc.
THE FAR EASTERN UNIVERSITY, INCORPORATED 
