First Abacus Financial Holdings Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was PHP 33.47 million compared to PHP 64.32 million a year ago. Net loss was PHP 63.98 million compared to PHP 63.84 million a year ago. Basic loss per share from continuing operations was PHP 0.06 compared to PHP 0.06 a year ago. Diluted loss per share from continuing operations was PHP 0.06 compared to PHP 0.06 a year ago.
For the six months, revenue was PHP 130.23 million compared to PHP 171.09 million a year ago. Net loss was PHP 99.09 million compared to PHP 56.78 million a year ago. Basic loss per share from continuing operations was PHP 0.09 compared to PHP 0.05 a year ago. Diluted loss per share from continuing operations was PHP 0.09 compared to PHP 0.05 a year ago.