PhilWeb Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was PHP 287.08 million compared to PHP 314.69 million a year ago. Revenue was PHP 604.59 million compared to PHP 594.65 million a year ago. Net loss was PHP 13.64 million compared to net income of PHP 23.53 million a year ago. Basic loss per share from continuing operations was PHP 0.011 compared to basic earnings per share from continuing operations of PHP 0.018 a year ago. Diluted loss per share from continuing operations was PHP 0.011 compared to diluted earnings per share from continuing operations of PHP 0.018 a year ago.