Kepwealth Property Phils., Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
April 17, 2022 at 09:45 pm
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Kepwealth Property Phils., Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was PHP 55.13 million compared to PHP 81.41 million a year ago. Net income was PHP 3.12 million compared to PHP 19.14 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to PHP 0.1 a year ago. Diluted earnings per share from continuing operations was PHP 0.02 compared to PHP 0.1 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. 
