Cresta HI profit skyrockets

Cresta Marakanelo anticipates profit for the six months through to 30 June 2022 to be 115 percent to 118 percent ( P38.8 million to P40.2 million) higher than the loss before tax of P34.1 million reported in the same period last year.

The hospitality company stated that the unaudited interim financial statements for the period will be released by 30 September 2022. “Accordingly, Shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made.”