GMA Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 12:36 am EDT
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GMA Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 0.672789 million compared to PHP 0.576325 million a year ago. Net income was PHP 0.394604 million compared to PHP 0.223369 million a year ago.
For the six months, revenue was PHP 1.34 million compared to PHP 3.99 million a year ago. Net income was PHP 0.737857 million compared to PHP 2.72 million 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).