Boulevard Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2017
January 24, 2018 at 02:28 am
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Boulevard Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended November 30, 2017. For the quarter, the company reported gross revenues of PHP 19,551,660 compared to PHP 14,128,784 a year ago. Loss before tax was PHP 2,963,312 compared to income of PHP 407,764 a year ago. Net loss after tax was PHP 3,039,887 compared to income of PHP 612,867 a year ago. Net loss attributable to parent equity holders of the parent was PHP 2,179,061 compared to income of PHP 322,203 a year ago. Loss of PHP 0.000182 per share compared to earnings PHP 0.000027 per share a year ago.
For the six months, the company reported gross revenues of PHP 39,423,851 compared to PHP 35,966,354 a year ago. Loss before tax was PHP 4,261,784 compared to income of PHP 880,572 a year ago. Net loss after tax was PHP 4,858,280 compared to income of PHP 444,706 a year ago. Net loss attributable to parent equity holders of the parent was PHP 3,589,717 compared to PHP 189,945 a year ago. Loss of PHP 0.000299 per share compared to PHP 0.000016 per share a year ago. Net cash flows from operating activities was PHP 5,461,324 compared to net cash used in operating activities of PHP 7,043,494 a year ago. Book Value was 0.15 per share.
Boulevard Holdings, Inc. is a Philippines-based company, which primarily invests in, purchases, or otherwise acquires and owns, holds, uses, develops, sells, assigns, among others, real and personal property of every kind and description. The Company and its subsidiaries have investments in operations involved in the development of leisure, hotel and tourist estates, as well as residential and office condominiums, operation and management of hotels and resorts, travel related and other allied businesses and services in the Philippines and abroad. The Company operates through two segments: hospitality and leisure, and investment holding. Hospitality and Leisure segment is primarily engaged in delivering service and hospitality through accommodations, room amenities and offers a range of cuisine. Investment Holding segment is primarily engaged in the holding and leasing of investment properties. Its subsidiaries include Fridayâs Holdings, Inc., Fridays Puerto Galera, Inc. and other.
BOULEVARD HOLDINGS, INC. 
