IPeople, inc. Reports Earnings Results for the Full Year Ended December 31, 2021
May 03, 2022 at 08:49 pm EDT
Share
iPeople, inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported net income was PHP 659.11 million compared to PHP 245.82 million a year ago. Basic earnings per share from continuing operations was PHP 0.6312 compared to PHP 0.2354 a year ago. Diluted earnings per share from continuing operations was PHP 0.6312 compared to PHP 0.2354 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.
IPEOPLE, INC. 
