Philippine Estates Corporation announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating income was PHP 4.226 million compared to PHP 7.124 million a year ago. Net income was PHP 2.325 million compared to PHP 4.806 million a year ago. For the half year, operating income was PHP 3.206 million compared to PHP 9.244 million a year ago. Net loss was PHP 373,071 compared to net income of PHP 5.507 million a year ago.