Global Ferronickel Holdings, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 1,128.7 million compared to PHP 39.9 million a year ago. Net income was PHP 153.85 million compared to net loss of PHP 194.93 million a year ago.

Basic earnings per share from continuing operations was PHP 0.0296 compared to basic loss per share from continuing operations of PHP 0.0375 a year ago. Diluted earnings per share from continuing operations was PHP 0.0296 compared to diluted loss per share from continuing operations of PHP 0.0375 a year ago.