trending Market Intelligence /marketintelligence/en/news-insights/trending/lkI0pPKWVH3geEjDCm3pzA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Boulevard Holdings fiscal Q2 loss narrows YOY

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


Boulevard Holdings fiscal Q2 loss narrows YOY

Boulevard Holdings Inc. said its normalized net income for the fiscal second quarter ended Nov. 30, 2015, came to a loss of 2.0 million pesos, compared with a loss of 5.1 million pesos in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to negative 11.8% from negative 23.2% in the year-earlier period.

Total revenue decreased 24.9% year over year to 16.6 million pesos from 22.2 million pesos, and total operating expenses fell 31.0% on an annual basis to 21.4 million pesos from 31.1 million pesos.

Reported net income came to a loss of 3.7 million pesos, or a loss of 0 centavos per share, compared to a loss of 8.4 million pesos, or a loss of 0 centavos per share, in the year-earlier period.

As of Jan. 19, US$1 was equivalent to 47.63 Philippine pesos.