IPM Holdings, Inc. Reports Earnings Results for the First quarter Ended March 31, 2021
May 31, 2021 at 12:22 am
Share
IPM Holdings, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was PHP 68.028 million compared to PHP 60.891 million a year ago. Net income was PHP 2.121 million compared to PHP 899,647 a year ago. Basic earnings per share from continuing operations was PHP 0.003 compared to PHP 0.001 a year ago.
IPM Holdings, Inc. is a Philippines-based company. The Company is engaged in the business of investment to own, hold, use, sell, assign, transfer, mortgage, pledge, exchange or otherwise dispose of real and personal property of every kind and description, and to manage any business, joint venture, firm partnership, corporation, institution or entity or otherwise act as holding or management corporation thereof. The Companyâs subsidiary, Basic Environmental Systems and Technologies, Inc. (BEST), is engaged in a contracting and consulting business for waste management, cleansing, sanitation and general hygiene to provide comprehensive waste disposal services. The Company operates through two segments: investment holding and service.