Solid Group Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 63.08 million compared to PHP 68.8 million a year ago. Revenue was PHP 556.67 million compared to PHP 355.7 million a year ago.

Net income was PHP 61.73 million compared to PHP 30.28 million a year ago. Basic earnings per share from continuing operations was PHP 0.034 compared to PHP 0.017 a year ago. Diluted earnings per share from continuing operations was PHP 0.034 compared to PHP 0.017 a year ago.