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Arsenio Ng’s ATN Holdings cuts losses by half in 9 months

ATN Holdings of businessman Arsenio T. Ng slashed its losses by half in the first nine months of its current fiscal year on the back of higher revenues.

For the nine months ending December 2022, ATN’s net loss declined to P1.74 million from P3.31 million in the same period the previous year.

Revenues surged by 71 percent to P33.49 million from P19.61 million in 2021.

The company expects to continue its focus on its existing principal activities and actively pursue opportunities for investment in the construction materials supply business and renewable energy sectors in the country.

Milyonaryo | Latest News