IPeople, inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023 at 11:53 pm EDT
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iPeople, inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was PHP 31.77 million compared to PHP 147.72 million a year ago. Basic earnings per share from continuing operations was PHP 0.0304 compared to PHP 0.1415 a year ago. Diluted earnings per share from continuing operations was PHP 0.0304 compared to PHP 0.1415 a year ago.
For the six months, net income was PHP 276.51 million compared to PHP 343.3 million a year ago. Basic earnings per share from continuing operations was PHP 0.2648 compared to PHP 0.3288 a year ago. Diluted earnings per share from continuing operations was PHP 0.2648 compared to PHP 0.3288 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. 
