Solid Group Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 76 million compared to PHP 67.56 million a year ago. Revenue was PHP 619.65 million compared to PHP 352.43 million a year ago. Net income was PHP 60.99 million compared to PHP 77.1 million a year ago. Basic earnings per share from continuing operations was PHP 0.03 compared to PHP 0.04 a year ago. Diluted earnings per share from continuing operations was PHP 0.03 compared to PHP 0.04 a year ago.
For the six months, sales was PHP 139.08 million compared to PHP 136.35 million a year ago. Revenue was PHP 1,176.32 million compared to PHP 708.13 million a year ago. Net income was PHP 122.72 million compared to PHP 107.38 million a year ago. Basic earnings per share from continuing operations was PHP 0.07 compared to PHP 0.06 a year ago. Diluted earnings per share from continuing operations was PHP 0.07 compared to PHP 0.06 a year ago.