Roxas and Company, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 08:03 pm EST
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Roxas and Company, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was PHP 79.7 million compared to PHP 78.43 million a year ago. Revenue was PHP 157.92 million compared to PHP 133.84 million a year ago. Net income was PHP 22.54 million compared to net loss of PHP 841.05 million a year ago. Basic earnings per share was PHP 0.01 compared to basic loss per share of PHP 0.39 a year ago. Diluted earnings per share was PHP 0.01 compared to diluted loss per share of PHP 0.39 a year ago.
For the nine months, sales was PHP 633.58 million compared to PHP 197.09 million a year ago. Revenue was PHP 789.96 million compared to PHP 315.58 million a year ago. Net loss was PHP 54.64 million compared to PHP 1,182.97 million a year ago. Basic loss per share was PHP 0.02 compared to PHP 0.55 a year ago. Diluted loss per share was PHP 0.02 compared to PHP 0.55 a year ago.
Roxas and Company, Inc. is a Philippines-based holding company. The Company holds interests in the real estate, hotels and resorts development and management business through its wholly owned subsidiary, Roxaco Land Corporation (RLC). The Company is engaged in sugar milling and ethanol manufacturing businesses of Roxas Holdings, Inc (RHI). The Company is also involved in coconut processing and exports through its subsidiary, Roxas Sigma Agriventures, Inc. (RSAI). It is also focused on renewable energy development. The Companyâs segments include Real Estate, Hotel, Manufacturing and others. The Company, through its subsidiary, Central Azucarera Don Pedro, Inc., provide the refined sugar requirements of traders and industrial customers, such as multinational food and beverage and pharmaceutical companies in Luzon.
ROXAS AND COMPANY, INC. 
