Roxas Holdings, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2020
February 04, 2021 at 06:51 pm
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Roxas Holdings, Inc. announced earnings results for the first quarter ended December 31, 2020. For the first quarter, the company announced sales was PHP 351.973 million compared to PHP 1,114.686 million a year ago. Net loss was PHP 239.098 million compared to PHP 33.887 million a year ago. Basic loss per share from continuing operations was PHP 0.15 compared to PHP 0.02 a year ago.
Roxas Holdings, Inc. is a Philippines-based sugar and energy company. The Company is engaged in the integrated sugar business and ethanol production in the Philippines. The Company operates through two segments: Sugar and Alcohol. Its Sugar segment consists of two operating subsidiaries: Central Azucarera Don Pedro, Inc. (CADPI) and RHI Agri-Business Development Corporation (RABDC), which manufactures and sells raw and refined sugar, molasses and provides tolling and farm operations services. CADPI also manages and operates agricultural land and the planting and cultivation of sugar cane and other farm products. The Alcohol segment consists of one operating subsidiary, San Carlos Bioenergy, Inc. (SCBI), which manufactures and sells bioethanol fuel. SCBI operates an integrated sugar mill and bioethanol distillery complex.
ROXAS HOLDINGS, INC. 
