Chemical Industries of the Philippines, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 08:29 pm
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Chemical Industries of the Philippines, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 0.257077 million compared to PHP 1.67 million a year ago. Net loss was PHP 1.73 million compared to PHP 0.726301 million a year ago. Basic loss per share from continuing operations was PHP 0.17 compared to PHP 0.07 a year ago. Diluted loss per share from continuing operations was PHP 0.17 compared to PHP 0.07 a year ago.
For the nine months, sales was PHP 2.33 million compared to PHP 5.52 million a year ago. Net loss was PHP 6.95 million compared to PHP 17.81 million a year ago. Basic loss per share from continuing operations was PHP 0.68 compared to PHP 1.73 a year ago. Diluted loss per share from continuing operations was PHP 0.68 compared to PHP 1.73 a year ago.
Chemical Industries of the Philippines, Inc. is a Philippines-based holding company. The Company's business purpose to invest in and/or to engage in real-estate business. The Company operates through leasing segment. The Companyâs current primary purpose is to acquire by purchase, lease, or otherwise, lands or interest in lands and realty, and to own, hold, improve, develop, manage, and operate said land or lands or real estate so acquired, and to erect or cause to be erected on any lands, owned, held, occupied, or acquired by the corporation, buildings and other structures with their appurtenances. It also involved in rebuild, enlarge, alter, improve, or remodel any building or other structures, otherwise dispose of any lands or real estate or interests in lands or real estates and in buildings and other structures at any time owned or held by the corporation.
CHEMICAL INDUSTRIES OF THE PHILIPPINES, INC. 
