Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 08:33 pm EDT
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Top Frontier Investment Holdings, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was PHP 258,565 million compared to PHP 264,645 million a year ago. Net income was PHP 4,433 million compared to PHP 1,484 million a year ago. Basic earnings per share was PHP 12.2 compared to PHP 3.27 a year ago. For the half year, sales was PHP 509,485 million compared to PHP 498,986 million a year ago. Net income was PHP 6,723 million compared to PHP 3,200 million a year ago. Basic earnings per share was PHP 17.91 compared to PHP 7.24 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. 
