Waterfront Philippines, 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 339.67 million compared to PHP 189.51 million a year ago. Revenue was PHP 353.77 million compared to PHP 208.15 million a year ago. Net income was PHP 103.87 million compared to net loss of PHP 25.4 million a year ago. Basic earnings per share from continuing operations was PHP 0.042 compared to basic loss per share from continuing operations of PHP 0.01 a year ago.
For the six months, sales was PHP 613.44 million compared to PHP 371.31 million a year ago. Revenue was PHP 639.67 million compared to PHP 452.22 million a year ago. Net income was PHP 148.42 million compared to net loss of PHP 26.93 million a year ago. Basic earnings per share from continuing operations was PHP 0.059 compared to basic loss per share from continuing operations of PHP 0.011 a year ago.