Crown Equities, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
May 21, 2020 at 07:33 pm
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Crown Equities, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was PHP 228.999 million compared to PHP 231.178 million a year ago. Net income was PHP 15.940 million compared to PHP 269.669 million a year ago. Basic earnings per share was PHP 0.00114 compared to PHP 0.01983 a year ago.
Crown Equities, Inc. is a Philippines-based investment holding company. The Company is engaged in the business of real estate development and healthcare through its subsidiaries. The Company operates through three segments: Real estate, Healthcare services and Investment holdings. Real estate segment is involved in the acquisition of land, planning and developing residential communities, such as development and sale of condominium units and parking slots, residential lots and housing units. Healthcare services segment is involved in delivering out-patient health care services through ambulatory care centers. This includes the sale of medical goods and services. Investment holdings segment creates project investments and later dispose these investments after creating value. The Companyâs subsidiaries include Crown Central Properties, Corp., Parkfield Land Holdings, Inc., Healthcare Systems of Asia Phils., Inc, Fortmed Medical Clinics Makati. Inc. and Argent Capital Holdings Corporation.