Cebu Landmasters, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 33.99 million compared to PHP 20.2 million a year ago. Revenue was PHP 3,871.76 million compared to PHP 2,784.01 million a year ago. Net income was PHP 739.86 million compared to PHP 604.12 million a year ago. Basic earnings per share from continuing operations was PHP 0.21 compared to PHP 0.17 a year ago. Diluted earnings per share from continuing operations was PHP 0.21 compared to PHP 0.17 a year ago.
For the six months, sales was PHP 67.9 million compared to PHP 38.18 million a year ago. Revenue was PHP 7,456.37 million compared to PHP 5,133.44 million a year ago. Net income was PHP 1,550.5 million compared to PHP 1,317.96 million a year ago. Basic earnings per share from continuing operations was PHP 0.45 compared to PHP 0.3812 a year ago. Diluted earnings per share from continuing operations was PHP 0.45.