Easy Call posts record performance
EASYCALL Communications Philippines Inc. (ECP) reported that its consolidated revenues settled at P329.64 million for the first nine months of 2022, growing by 394 percent compared to 66.66 million during the same period last year.
The company’s consolidated gross profits from its operations for the same period amounted to P69.05 million, up by 176 percent from last year’s P25.01 million.
ECP’s net income for the first three quarters of 2022 ended at P21.11 million, an increase of 230 percent from P6.40 million in 2021.
The data technology company’s excellent ninemonth financial performance was attributed to its expansion in its existing service offerings, which include managed connectivity, technology and data services.
The company reported that its consolidated operating income before equity in net earnings of associates from January to September of 2022 settled to P27.98 million, a 505-percent increase against last year’s P4.62-million consolidated operating income.
Since ramping up its efforts in new connectivity installations and expanding its digital footprint, ECP has seen growth in its revenue for the third quarter of 2022. It also finalized its acquisition of technology company Transnational EBusiness Solutions Inc.
“We are very pleased with the growth of the EasyCall Group, as we have been able to elevate its digital transformation and innovation initiatives, and we are very optimistic that we will continue to grow our existing services and build on new ones that can support our customers,” ECP President Zaki Delgado said.