Kepwealth Property Phils., Inc. Announces audited Earnings Results for the Year Ended December 31, 2020
May 17, 2021 at 03:23 am
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Kepwealth Property Phils., Inc. announced audited earnings results for the year ended December 31, 2020. For the year, the company announced gross revenue of PHP 81,408,329 compared to PHP 100,795,417 a year ago. Net Income/(Loss) Attributable to Parent Equity Holder was PHP 19,834,464 compared to PHP 36,884,680 a year ago. Basic and diluted earnings per share was PHP 0.1 compared to PHP 0.23 a year ago. Revenues were PHP 18,537,782 compared to PHP 25,325,864 a year ago.
Kepwealth Property Phils., Inc. is a Philippines-based company. The Company's principal activities are to invest in, purchase, hold, use, sell, assign, transfer, lease, mortgage, exchange, maintain, administer, manage, and operate alone or jointly with others, or otherwise dispose of property or real property, including office, commercial, agricultural, residential properties, hotels, inns, resorts, apartments, or personal property. Its business segments include Leasing, and Asset Management. The Leasing segment is engaged in leasing of condominium units and parking slots in Kepwealth Center located in Cebu Business Park, Cebu City. In addition, the Company owns condominium units and parking spaces on One San Miguel Avenue located at San Miguel Avenue in Ortigas Center, Pasig City. It owns around 77 units with 98 leasable spaces of Kepwealth Center in the Cebu Business Park. The Company serves various industries, such as finance and insurance, audit, and legal counseling.
KEPWEALTH PROPERTY PHILS., INC. 
