Acesite (Phils.) Hotel Corporation reported earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, gross revenue was PHP nil against PHP 76,399,076 for the same period of last year. Non-operating income was PHP nil against PHP 23,834,727 for the same period of last year. Loss before tax was PHP 25,323,523 against PHP 39,923,737 for the same period of last year. Net loss after tax was PHP 25,323,523 or PHP 0.07 per basic and diluted share against profit after tax of PHP 39,923,737 or PHP 0.12 per basic and diluted share for the same period of last year. For the nine months, gross revenue was PHP 53,109,476 against PHP 353,370,148 for the same period of last year. Non-operating income was PHP 7,071,587 against PHP 173,350,201 for the same period of last year. Loss before tax was PHP 87,414,047 against profit of PHP 4,088,777 for the same period of last year. Net loss after tax was PHP 87,414,047 or PHP 0.25 per basic and diluted share against profit of PHP 4,088,777 or PHP 0.01 per basic and diluted share for the same period of last year.