Roxas Holdings, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2020
August 11, 2020 at 08:33 pm
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Roxas Holdings, Inc. announced earnings results for the third quarter ended June 30, 2020. For the third quarter, the company announced total revenue was PHP 696.117 million compared to PHP 1,826.412 million a year ago. Net loss was PHP 340.377 million compared to PHP 287.582 million a year ago. Basic loss per share was PHP 0.22 compared to PHP 0.18 a year ago. For the nine months, total revenue was PHP 4,517.253 million compared to PHP 5,932.649 million a year ago. Net loss was PHP 427.769 million compared to PHP 650.009 million a year ago. Basic loss per share was PHP 0.28 compared to PHP 0.42 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. 
