Atn Holdings, Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019
February 17, 2020 at 02:58 am
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ATN Holdings, Inc. announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced total revenue was PHP 11.413 million compared to PHP 3.122 million a year ago. Net income was PHP 3.573 million compared to net loss of PHP 801,332 a year ago. For the nine months, total revenue was PHP 31.692 million compared to PHP 16.833 million a year ago. Net income was PHP 1.278 million compared to net loss of PHP 4.786 million a year ago. Basic earnings per share was PHP 0.00284 compared to basic loss per share of PHP 0.01064 a year ago.
ATN Holdings, Inc. is a Philippines-based holding company. The Company is engaged in real estate, land development, energy, and health care services. The Company operates in two segments: Real estate leasing and Aggregates, which is involved in the production and selling of rock aggregates. The Company invests in real properties and stocks. Its investments in real properties include several units of office condominiums at Summit One Tower located at 530 Shaw Boulevard, Mandaluyong City. Summit One Tower is a 48-storey building. Units of Summit One Tower are office condominium spaces ready for occupancy with its own separate six-level parking building and two basement parking levels. The units are for sale or leased through either direct sales or referrals from independent brokers. Its subsidiaries are Palladian Land Development Inc. (PLDI), ATN Philippines Solar Energy Group, Inc. (ATN Solar), Advanced Home Concept Development Corp. (AHCDC) and Managed Care Phil., Inc. (MCPI).
ATN HOLDINGS, INC. 
