Gma Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 09:02 pm EST
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GMA Holdings, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was PHP 933,823 compared to PHP 615,796 a year ago. Net income was PHP 542,583 compared to PHP 249,114 a year ago. Basic earnings per share from continuing operations was PHP 54.26 compared to PHP 24.91 a year ago. For the nine months, total revenue was PHP 1.945 million compared to PHP 2.018 million a year ago. Net income was PHP 972,041 compared to PHP 977,675 a year ago. Basic earnings per share from continuing operations was PHP 97.2 compared to PHP 97.77 a year ago.
GMA Holdings, Inc. is a Philippines-based holding company. Its primary purpose is to invest in, purchase or otherwise acquire and own, hold, use, sell, assign, transfer, mortgage, pledge, exchange, or otherwise dispose of real and personal property of every kind and description. The Company focuses on the issuance of the Philippine Depositary Receipts (PDRs) relating to GMA Network, Inc. (GMA).
GMA HOLDINGS, INC. 
