Golden Bria Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 02:17 am EST
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Golden Bria Holdings, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was PHP 2,092.666 million compared to PHP 1,424.755 million a year ago. Operating income was PHP 718.412 million compared to PHP 441.203 million a year ago. Net income was PHP 615.284 million compared to PHP 318.676 million a year ago. Basic earnings per share was PHP 0.96 compared to PHP 0.49 a year ago. For the nine months, total revenue was PHP 5,884.558 million compared to PHP 4,045.901 million a year ago. Operating income was PHP 1,908.540 million compared to PHP 1,239.715 million a year ago. Net income was PHP 1,673.633 million compared to PHP 915.044 million a year ago. Basic earnings per share was PHP 2.6 compared to PHP 1.42 a year ago.
Golden MV Holdings, Inc. is a Philippines-based developer of memorial parks. The Company also develops, constructs and operates columbarium and memorial chapel facilities. The Company, through its subsidiary, Bria Homes, Inc., is engaged in developing and selling real estate properties, particularly, residential houses and lots. Its segments include Residential Projects and Deathcare. The Companyâs deathcare product offerings include funeral and cremation services. Its deathcare business operates under the brand, Golden Haven. The Company also has columbaries projects within a selection of its memorial parks, including an approximately 20,000-vault columbarium beneath Golden Haven's Sanctuario de San Ezekiel Moreno, located along C5 Road, Pulang Lupa, Las Pinas. For its park developments, the Company offers memorial lots at varying sizes and price points. The Company provides four basic lot packages: lawn lot, garden niche, family patio and family estate.