Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:15 pm EDT
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Top Frontier Investment Holdings, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was PHP 208,962 million compared to PHP 138,728 million a year ago. Net income was PHP 877 million compared to net loss of PHP 4,606 million a year ago. Basic earnings per share from continuing operations was PHP 1.43 compared to basic loss per share from continuing operations of PHP 15.17 a year ago. For the half year, sales was PHP 410,119 million compared to PHP 352,788 million a year ago. Net income was PHP 4,498 million compared to net loss of PHP 6,940 million a year ago. Basic earnings per share from continuing operations was PHP 11.17 compared to basic loss per share from continuing operations of PHP 23.46 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. 
