Top Frontier Investment Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 07:27 pm EST
Share
Top Frontier Investment Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 375,831 million compared to PHP 401,089 million a year ago. Net loss was PHP 2,315 million compared to PHP 12,652 million a year ago. Basic loss per share from continuing operations was PHP 8.13 compared to PHP 39.53 a year ago. Diluted loss per share from continuing operations was PHP 8.13 compared to PHP 39.53 a year ago.
For the nine months, sales was PHP 1,061,041 million compared to PHP 1,112,490 million a year ago. Net loss was PHP 1,981 million compared to PHP 19,147 million a year ago. Basic loss per share from continuing operations was PHP 14.35 compared to PHP 61.64 a year ago. Diluted loss per share from continuing operations was PHP 14.35 compared to PHP 61.64 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. 
