Globe Telecom, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 07:37 pm EDT
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Globe Telecom, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was PHP 5,033.852 million compared to PHP 4,309.378 million a year ago. Net income was PHP 7,306.965 million compared to PHP 6,581.195 million a year ago. Basic earnings per share from continuing operations was PHP 53.69 compared to PHP 48.34 a year ago. Diluted earnings per share from continuing operations was PHP 53.38 compared to PHP 48.08 a year ago.
Globe Telecom, Inc. is a Philippines digital platform company with interests in telecommunications, financial technology, digital marketing solutions, venture capital funding for startups, entertainment, and virtual healthcare. The Companyâs segments include Mobile Communications Services and Wireline Communications Services. The Mobile Communications Services segment provides digital cellular telecommunications services, which includes mobile voice, mobile SMS, and mobile data. The Company offers its mobile communications services to consumers, corporate and small and medium enterprise (SME) clients through a range of brands, including globe postpaid, globe prepaid and touch mobile. The Wireline Communications Services segment provides fixed line voice, corporate data, and home broad band services. It offers a range of fixed line communications services, wired and wireless Broadband access, and end-to-end connectivity solutions customized for consumers, SME, and businesses.
GLOBE TELECOM, INC. 
