Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
May 13, 2021 at 08:54 pm EDT
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Top Frontier Investment Holdings, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was PHP 725,776 million compared to PHP 1,020,480 million a year ago. Net loss was PHP 233 million compared to net income of PHP 9,604 million a year ago. Basic loss per share from continuing operations was PHP 5.6 compared to basic earnings per share from continuing operations of PHP 24.18 a year ago.
Top Frontier Investment Holdings, Inc. is a Philippines-based holding company. The Company operates through various segments: beverage, which produces and markets alcoholic and non-alcoholic beverages; food, which includes poultry operations, livestock farming, and processing and selling of meat products; packaging, which is involved in the production and marketing of packaging products, such as glass containers and glass molds; energy, which is engaged in power generation, distribution and trading, and coal mining; fuel and oil, which is engaged in refining and marketing of petroleum products; infrastructure, which is engaged in the construction and development of various infrastructure projects, such as airports, toll roads and roads; telecommunications, which is engaged in rendering domestic and international telecommunications services; cement segment, which is primarily engaged in the manufacturing, marketing and distribution of cement products, and real estate and others.
TOP FRONTIER INVESTMENT HOLDINGS, INC. 
