Crown Equities, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 08:21 pm
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Crown Equities, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was PHP 54.782 million compared to PHP 63.079 million a year ago. Net income was PHP 14.860 million compared to PHP 178.904 million a year ago. For the half year, total revenue was PHP 118.444 million compared to PHP 107.437 million a year ago. Net income was PHP 30.404 million compared to PHP 176.686 million 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.
CROWN EQUITIES, INC. 
