sector: Technology ·
industry: IT Services & Consulting ·
IPVG Corp. focuses on areas, such as Information Technology and Telecommunications, Online Computer Games, and Business Process Outsourcing. It is engaged in the management and investment in media and information technology industry, and in the business of providing Internet, intranet, extranet, content delivery, non-regulated online gaming, non-regulated computer game retailing, call centers, data center and value-added services to information technology users. It has four segments. The Data Center segment pertains to Internet connectivity services (resale of bandwidth), server hosting (co-location), network security services (mitigation) and point-to-point connection (international private line connection) services. The Online Computer Games segment sells prepaid cards for use in online video games. The Contact Center segment relates to customer support and other call center services. The Mobile Content and Others segment includes sales of various applications and marketing services.
BRIEF: For the three months ended 31 March 2009, IPVG Corp. Revenues decreased 56% to PP359.6M. Net income decreased 90% to PP2.1M. Revenues reflect a decrease in income from Online & Mobile Games, higher income from Communications and an increase in income from BPO services. Net income was offset by an increase in depreciation & amortisation expenses, lower interest income and a decrease in share in net losses of subsidiaries.
IPVG Corporation
34th Floor, RCBC Plaza
Ayala Avenue
Metro Manila
Makati City 1200
P: +632.9764784
F: +632.8866510