Ipm Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
August 02, 2020 at 09:52 pm
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IPM Holdings, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was PHP 60.891 million compared to PHP 60.167 million a year ago. Net income was PHP 899,647 compared to PHP 17.742 million 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.