Globe Telecom, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019
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Globe Telecom, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was PHP 4,160.650 million compared to PHP 3,959.257 million a year ago. Net income was PHP 5,634.860 million compared to PHP 4,819.271 million a year ago. Basic earnings per share was PHP 41.25 compared to PHP 35.17 a year ago. Diluted earnings per share was PHP 41.14 compared to PHP 35.15 a year ago. For the nine months, sales was PHP 12,802.955 million compared to PHP 13,659.042 million a year ago. Net income was PHP 17,683.046 million compared to PHP 14,790.375 million a year ago. Basic earnings per share was PHP 129.61 compared to PHP 107.98 a year ago. Diluted earnings per share was PHP 128.97 compared to PHP 107.59 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. 
