Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 08:55 pm EST
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Top Frontier Investment Holdings, 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 240,440 million compared to PHP 178,332 million a year ago. Net loss was PHP 4,539 million compared to net income of PHP 4,524 million a year ago. Basic loss per share from continuing operations was PHP 14.97 compared to basic earnings per share from continuing operations of PHP 12.48 a year ago. Diluted loss per share from continuing operations was PHP 14.97 compared to diluted earnings per share from continuing operations of PHP 12.48 a year ago.
For the nine months, sales was PHP 650,559 million compared to PHP 531,120 million a year ago. Net loss was PHP 41 million compared to PHP 2,416 million a year ago. Basic loss per share from continuing operations was PHP 3.8 compared to PHP 10.98 a year ago. Diluted loss per share from continuing operations was PHP 3.8 compared to PHP 10.98 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. 
