Gma Holdings, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2020
August 16, 2020 at 09:32 pm EDT
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GMA Holdings, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net income was PHP 151,965 compared to PHP 353,344 a year ago. Basic earnings per share was PHP 15.2 compared to PHP 35.33 a year ago. For the six months, net income was PHP 429,456 compared to PHP 728,561 a year ago. Basic earnings per share was PHP 42.95 compared to PHP 72.86 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).
GMA HOLDINGS, INC. 
