Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 07:23 pm EST
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Top Frontier Investment Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 401,089 million compared to PHP 240,440 million a year ago. Net loss was PHP 12,652 million compared to PHP 4,539 million a year ago. Basic loss per share from continuing operations was PHP 39.53 compared to PHP 14.97 a year ago. Diluted loss per share from continuing operations was PHP 39.53 compared to PHP 14.97 a year ago.
For the nine months, sales was PHP 1,112,490 million compared to PHP 650,559 million a year ago. Net loss was PHP 19,147 million compared to PHP 41 million a year ago. Basic loss per share from continuing operations was PHP 61.64 compared to PHP 3.8 a year ago. Diluted loss per share from continuing operations was PHP 61.64 compared to PHP 3.8 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. 
