Kepwealth Property Phils., Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
April 16, 2024 at 03:48 am
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Kepwealth Property Phils., Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was PHP 46.51 million compared to PHP 49.79 million a year ago. Net loss was PHP 1.39 million compared to PHP 0.468594 million a year ago.
Basic loss per share from continuing operations was PHP 0.01. Diluted loss per share from continuing operations was PHP 0.01.
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. 
