CTS Global Equity Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 17, 2023 at 01:39 am EST
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CTS Global Equity Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PHP 25.46 million compared to negative revenue of PHP 3.04 million a year ago. Net income was PHP 17.49 million compared to PHP 21 million a year ago. Basic earnings per share from continuing operations was PHP 0.002544 compared to PHP 0.003426 a year ago.
For the nine months, revenue was PHP 59.79 million compared to PHP 58.38 million a year ago. Net income was PHP 17.9 million compared to PHP 70.87 million a year ago. Basic earnings per share from continuing operations was PHP 0.002603 compared to PHP 0.011561 a year ago.
CTS Global Equity Group, Inc is a Philippines-based proprietary trading company. The Company operates through three segments: Proprietary Trading, Brokerage Services, and Investment Income. The Company provides stock brokerage and dealership services at a fee for high net-worth clients. The Company's investments include assets outside of equities, such as forex and fixed income. The Company operates in multiple markets, namely the Philippines, United States, China, Hong Kong, Indonesia, and Japan.
CTS GLOBAL EQUITY GROUP, INC. 
