Golden MV Holdings, Inc. Reports Earnings Results for the First quarter Ended March 31, 2021
May 18, 2021 at 12:16 am EDT
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Golden MV Holdings, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating income was PHP 474.031 million compared to PHP 580.481 million a year ago. Net income was PHP 380.186 million compared to PHP 529.128 million a year ago. Basic earnings per share from continuing operations was PHP 0.59 compared to PHP 0.82 a year ago.
Golden MV Holdings, Inc. is a Philippines-based developer of memorial parks. The Company also develops, constructs and operates columbarium and memorial chapel facilities. The Company, through its subsidiary, Bria Homes, Inc., is engaged in developing and selling real estate properties, particularly, residential houses and lots. Its segments include Residential Projects and Deathcare. 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 Haven's Sanctuario de San Ezekiel Moreno, located along C5 Road, Pulang Lupa, Las Pinas. For its park developments, the Company offers memorial lots at varying sizes and price points. The Company provides four basic lot packages: lawn lot, garden niche, family patio and family estate.