PH Resorts Group Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 16, 2021 at 12:14 am
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PH Resorts Group Holdings, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported net operating revenues of PHP 556,096 against PHP 12,537 a year ago. Operating loss was PHP 51,955,337 against PHP 56,082,334 a year ago. Net loss/total comprehensive loss was PHP 94,604,920 against PHP 45,101,408 a year ago. Basic loss per share was PHP 0.0137 against PHP 0.0094 a year ago.
For the six months, the company reported net operating revenues of PHP 1,427,900 against PHP 4,874,845 a year ago. Operating loss was PHP 94,091,233 against PHP 123,252,928 a year ago. Net loss/total comprehensive loss was PHP 175,470,349 against PHP 134,355,513 a year ago. Basic loss per share was PHP 0.0253 against PHP 0.0280 a year ago.
PH Resorts Group Holdings, Inc. is a Philippines-based holding company of PH Travel and Leisure Holdings Corp. (PH Trave). PH Trave is a holding company for the gaming and hospitality arm of the Udenna Group, which includes LapuLapu Leisure, Inc., The Base Corp., and Donatela Hotel Panglao Corp. LapuLapu Leisure, Inc. is the developer of Emerald, an integrated tourism resort to be located on a prime beachfront area on Mactan Island, Lapu-Lapu City, Cebu. Clark Grand Leisure Corp. is the developer of The Base, an integrated tourism resort to be located in Clark Freeport Zone, Luzon, Philippines. Donatela Hotel Panglao Corp. is the owner of the Donatela Hotel, a boutique-style, upscale hotel in Tawala, Panglao Island, Bohol. The Donatela Hotel has 12 upscale villas with pools, fine-dining restaurants and a wine cellar. It is located on a 7.5 hectares property approximately a 14-minute drive from the Bohol International Airport. It has two segments: Hotel and restaurant and Gaming.
PH RESORTS GROUP HOLDINGS, INC. 