PHINMA Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 1,045.49 million compared to PHP 18.64 million a year ago. Revenue was PHP 6,576.38 million compared to PHP 4,797.5 million a year ago. Net income was PHP 582.77 million compared to PHP 414.85 million a year ago. Basic earnings per share from continuing operations was PHP 2.04 compared to PHP 1.52 a year ago. Diluted earnings per share from continuing operations was PHP 2.04 compared to PHP 1.52 a year ago.
For the nine months, sales was PHP 1,087.58 million compared to PHP 55.59 million a year ago. Revenue was PHP 15,463.31 million compared to PHP 13,429.35 million a year ago. Net income was PHP 791.53 million compared to PHP 821.68 million a year ago. Basic earnings per share from continuing operations was PHP 2.76 compared to PHP 3 a year ago. Diluted earnings per share from continuing operations was PHP 2.76 compared to PHP 3 a year ago.