Greenergy Holdings Incorporated Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
May 17, 2018 at 09:10 pm EDT
Greenergy Holdings Incorporated announced audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported interest income net of final tax of PHP 9,274 against PHP 5,484 a year ago. Income before income tax was PHP 21,506,853 against loss of PHP 43,523,028 a year ago. Net income attributable to equity holders of parent company was PHP 23,840,586 against loss of PHP 46,000,060 a year ago. Basic income per share was PHP 0.01 against LPS of PHP 0.03 a year ago. Net cash used in operating activities was PHP 22,200,246 against PHP 34,353,467 a year ago. As at December 31, 2017, the company’s book value per share of PHP 0.63 against PHP 0.68 a year ago. Positive on return on assets was 0.02% compared to negative ROA of 0.03% a year ago. Positive on return on equity was 0.02% compared to negative ROA of 0.04% a year ago.