Golden MV Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 19, 2024 at 09:38 pm EDT
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Golden MV Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was PHP 1,686.27 million compared to PHP 1,614.79 million a year ago. Net income was PHP 549.93 million compared to PHP 473.04 million a year ago.
Basic earnings per share from continuing operations was PHP 0.85 compared to PHP 0.73 a year ago. Diluted earnings per share from continuing operations was PHP 0.85 compared to PHP 0.73 a year ago.
Golden MV Holdings, Inc. is a Philippines-based developer of memorial parks. The Company also develops, constructs, and operates a columbarium and memorial chapel facilities. The Company, through its subsidiary, Bria Homes, Inc., is engaged in developing and selling real estate properties, residential houses, and lots. Its segments include Residential Projects and Deathcare. The residential segment pertains to the housing market segment of the Group. It caters in the development and sale of residential houses and lots, and condominium units. The deathcare segment pertains to sale of memorial lots, interment income, and income from chapel services. The Companyâs deathcare product offerings include funeral and cremation services. Its deathcare business operates under the brand, Golden Haven. The Company also has columbaries projects within a selection of its memorial parks, including an approximately 20,000-vault columbarium beneath Golden Havenâs Sanctuario de San Ezekiel Moreno.