Bright Kindle Resources & Investments, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022 at 01:20 am
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Bright Kindle Resources & Investments, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was PHP 41.61 million compared to net loss of PHP 10.48 million a year ago. Basic earnings per share from continuing operations was PHP 0.03 compared to basic loss per share from continuing operations of PHP 0.01 a year ago. Diluted earnings per share from continuing operations was PHP 0.03 compared to diluted loss per share from continuing operations of PHP 0.01 a year ago.
For the six months, net income was PHP 38.56 million compared to net loss of PHP 38.33 million a year ago. Basic earnings per share from continuing operations was PHP 0.025 compared to basic loss per share from continuing operations of PHP 0.03 a year ago. Diluted earnings per share from continuing operations was PHP 0.025 compared to diluted loss per share from continuing operations of PHP 0.03 a year ago.
Bright Kindle Resources & Investments, Inc. is a Philippines-based holding company. The Company is engaged in the purchase, exchange, assignment, gift or otherwise, and hold, own and use for investment or otherwise, and sell, assign, transfer, exchange, lease, let, develop, mortgage, pledge, deal in and with and otherwise operate, use and dispose of, any and all properties of every kind and description and wherever situated, as and to the extent permitted by law. It is also focused on bonds, debentures, promissory notes, shares of capital stock, or other securities and obligations, created, negotiated or issued by any corporation, association, or other entity, foreign or domestic and while the owner, holder, or possessor thereof, to exercise all the rights and powers, and privileges of ownership or any other interest therein. It offers right to receive, collect and dispose of any and all dividends, interests and income, derived therefrom, and others.