Grand Plaza Hotel Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 50.18 million compared to PHP 77.11 million a year ago. Revenue was PHP 74.45 million compared to PHP 88.97 million a year ago. Net income was PHP 8.24 million compared to PHP 25.34 million a year ago. Basic earnings per share from continuing operations was PHP 0.15 compared to PHP 0.47 a year ago. Diluted earnings per share from continuing operations was PHP 0.15 compared to PHP 0.47 a year ago.
For the nine months, sales was PHP 153.54 million compared to PHP 207.97 million a year ago. Revenue was PHP 206.5 million compared to PHP 241.74 million a year ago. Net income was PHP 12.52 million compared to PHP 37.81 million a year ago. Basic earnings per share from continuing operations was PHP 0.23 compared to PHP 0.7 a year ago. Diluted earnings per share from continuing operations was PHP 0.23 compared to PHP 0.7 a year ago.