Everwoods Green Resources and Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 08:12 pm
Share
Everwoods Green Resources and Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 3.75 million compared to PHP 5.93 million a year ago. Net income was PHP 0.863238 million compared to PHP 2.85 million a year ago. Basic earnings per share from continuing operations was PHP 0.0002 compared to PHP 0.0006 a year ago.
For the six months, sales was PHP 6.89 million compared to PHP 15.76 million a year ago. Net income was PHP 0.602652 million compared to net loss of PHP 1.36 million a year ago. Basic earnings per share from continuing operations was PHP 0.0001 compared to basic loss per share from continuing operations of PHP 0.0003 a year ago.
Ever-Gotesco Resources and Holdings, Inc. is engaged in the business of building shopping malls and leasing out to commercial tenants. The Company's malls are primarily leased out to Ever Department Store and Supermarket, Cinemas, banks, amusement centers, food shops, specialty stores, boutiques, drug store, service shops, gym and sporting facilities. The Company has approximately two operational malls, such as Ever Gotesco Commonwealth Center (EGCC) and Ever Gotesco Manila Plaza (EGMP). EGCC is located on a five-hectare lot being leased at the corner of Don Mariano Marcos and Commonwealth Avenues, Old Balara Quezon City. EGMP is a four-level commercial-cinema complex covering a total floor area of approximately 16,377.2 square meters. The Company, through its subsidiary Gotesco Tyan Ming Development, Inc. (GTMDI), owns the Ever Gotesco Ortigas Complex.