Ipeople, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
June 28, 2020 at 11:35 pm EDT
Share
iPeople, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced net income was PHP 254.588 million compared to PHP 211.035 million a year ago. Basic earnings per share was PHP 0.2692 compared to PHP 0.2818 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.