Crown Equities, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 07:53 pm EST
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Crown Equities, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 3.62 million compared to PHP 3.5 million a year ago. Revenue was PHP 89.99 million compared to PHP 49.77 million a year ago. Net income was PHP 22.08 million compared to PHP 32.13 million a year ago.
For the nine months, sales was PHP 10.36 million compared to PHP 10.22 million a year ago. Revenue was PHP 196.25 million compared to PHP 147.88 million a year ago. Net income was PHP 44.79 million compared to PHP 58.79 million a year ago. Basic earnings per share from continuing operations was PHP 0.0029 compared to PHP 0.003929 a year ago.
Crown Equities, Inc. is a Philippines-based investment holding company. The Company is engaged in the business of real estate development and healthcare through its subsidiaries. The Company operates through three segments: Real estate, Healthcare services and Investment holdings. Real estate segment is involved in the acquisition of land, planning and developing residential communities, such as development and sale of condominium units and parking slots, residential lots and housing units. Healthcare services segment is involved in delivering out-patient health care services through ambulatory care centers. This includes the sale of medical goods and services. Investment holdings segment creates project investments and later dispose these investments after creating value. The Companyâs subsidiaries include Crown Central Properties, Corp., Parkfield Land Holdings, Inc., Healthcare Systems of Asia Phils., Inc, Fortmed Medical Clinics Makati. Inc. and Argent Capital Holdings Corporation.
CROWN EQUITIES, INC. 
