Medilines Distributors Incorporated reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 124.42 million compared to PHP 352.76 million a year ago. Net income was PHP 17.97 million compared to PHP 30.97 million a year ago. Basic earnings per share from continuing operations was PHP 0.01 compared to PHP 0.01 a year ago. Diluted earnings per share from continuing operations was PHP 0.01 compared to PHP 0.01 a year ago.
For the nine months, sales was PHP 358.9 million compared to PHP 1,207.63 million a year ago. Net income was PHP 22.95 million compared to PHP 111.93 million a year ago. Basic earnings per share from continuing operations was PHP 0.01 compared to PHP 0.04 a year ago. Diluted earnings per share from continuing operations was PHP 0.01 compared to PHP 0.04 a year ago.