Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
May 13, 2022 at 05:11 am EDT
Share
Top Frontier Investment Holdings, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was PHP 941,173 million compared to PHP 725,776 million a year ago. Net income was PHP 166 million compared to net loss of PHP 233 million a year ago. Basic loss per share from continuing operations was PHP 4.39 compared to PHP 5.6 a year ago. Diluted loss per share from continuing operations was PHP 4.39 compared to PHP 5.6 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.