Medilines Distributors Incorporated reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 595.01 million compared to PHP 616.61 million a year ago. Net income was PHP 52.48 million compared to PHP 91.91 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to PHP 0.03 a year ago. Diluted earnings per share from continuing operations was PHP 0.02 compared to PHP 0.03 a year ago.
For the six months, sales was PHP 854.87 million compared to PHP 815.09 million a year ago. Net income was PHP 80.96 million compared to PHP 100.05 million a year ago. Basic earnings per share from continuing operations was PHP 0.03 compared to PHP 0.04 a year ago. Diluted earnings per share from continuing operations was PHP 0.03 compared to PHP 0.04 a year ago.