IPeople, inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 12:57 am EDT
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iPeople, inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was PHP 147.72 million compared to PHP 119.18 million a year ago. Basic earnings per share from continuing operations was PHP 0.1415 compared to PHP 0.1141 a year ago. Diluted earnings per share from continuing operations was PHP 0.1415 compared to PHP 0.1141 a year ago.
For the six months, net income was PHP 343.3 million compared to PHP 291.12 million a year ago. Basic earnings per share from continuing operations was PHP 0.3288 compared to PHP 0.2788 a year ago. Diluted earnings per share from continuing operations was PHP 0.3288 compared to PHP 0.2788 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. 
