IPS, Inc. Reports Consolidated Earnings Results for the Second Quarter Ended September 30, 2020
November 13, 2020 at 01:00 am
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IPS, Inc. reported consolidated earnings results for the second quarter ended September 30, 2020. For the quarter, the company reported net sales of ¥3,373 million against ¥3,161 million a year ago. Operating profit was ¥624 million against ¥546 million a year ago. Ordinary profit was ¥570 million against ¥495 million a year ago. Profit attributable to owners of parent was ¥392 million against ¥316 million a year ago. Basic earnings per share was ¥31.75 against ¥25.80 a year ago. Diluted earnings per share was ¥30.64 against ¥24.75 a year ago.
IPS Inc is a Japan-based company mainly engaged in the international communications business, Philippine communications business, domestic communications business, medical and healthcare business, and other businesses. The Company operates in five business segments. The International Communications segment is engaged in the provision of international communications lines to cable television (CATV) operators in the Philippines. The Philippine Telecommunications segment is engaged in the provision of telecommunications business within the Philippines. The Domestic Telecommunications segment is engaged in the sale of telephone services and software for call centers. The Medical and Healthcare segment is engaged in the provision of cosmetic surgery and ophthalmology services. The Other segment is engaged in customer development and usage promotion, such as overseas remittance services.