GMA Holdings, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2021
August 15, 2021 at 11:05 pm EDT
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GMA Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 7.582 million compared to PHP 430,810 a year ago. Net income was PHP 5.935 million compared to PHP 151,965 a year ago. Basic earnings per share from continuing operations was PHP 593.51 compared to PHP 15.2 a year ago. For the half year, total revenue was PHP 8.409 million compared to PHP 1.011 million a year ago. Net income was PHP 6.406 million compared to PHP 429,456 a year ago. Basic earnings per share from continuing operations was PHP 640.66 compared to PHP 42.95 a year ago.
GMA Holdings, Inc. is a Philippines-based holding company. Its primary purpose is to invest in, purchase or otherwise acquire and own, hold, use, sell, assign, transfer, mortgage, pledge, exchange, or otherwise dispose of real and personal property of every kind and description. The Company focuses on the issuance of the Philippine Depositary Receipts (PDRs) relating to GMA Network, Inc. (GMA).