IPeople, inc. Reports Earnings Results for the First quarter Ended March 31, 2021
May 17, 2021 at 08:17 pm EDT
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iPeople, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net income was PHP 171.945 million compared to PHP 158.351 million a year ago. Basic earnings per share from continuing operations was PHP 0.1647 compared to PHP 0.1516 a year ago.
iPeople, inc. is a holding and management company. The Companyâs main operating subsidiaries are the Malayan Education System, Inc. (Mapua University), National Teachers College (NTC), University of Nueva Caceres (UNC) and Affordable Private Education Center, Inc. (APEC). Mapua University also has three main wholly owned subsidiaries, including Malayan Colleges Laguna, Inc. (MCL), Malayan High School of Science, Inc. (MHSS) and Malayan Colleges Mindanao, Inc. (MCM). Malayan Colleges Laguna, Inc. is located in Cabuyao, Laguna and established to extend the brand of the Mapua Institute of Technology to the south by offering programs in engineering, computer science, information technology, business, accountancy, and hotel and restaurant management to students who prefer to stay closer to home. MHSS is a science-and math-oriented high school located in Pandacan, Manila. Malayan Colleges Mindanao, Inc. offers Mapua-education in Davao and Mindanao.