Medilines Distributors Incorporated reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 352.76 million compared to PHP 138.49 million a year ago. Net income was PHP 30.97 million compared to net loss of PHP 0.70696 million a year ago. Basic earnings per share from continuing operations was PHP 0.01. Diluted earnings per share from continuing operations was PHP 0.01.
For the nine months, sales was PHP 1,207.63 million compared to PHP 953.58 million a year ago. Net income was PHP 111.93 million compared to PHP 99.34 million a year ago. Basic earnings per share from continuing operations was PHP 0.04 compared to PHP 0.04 a year ago. Diluted earnings per share from continuing operations was PHP 0.04 compared to PHP 0.04 a year ago.