First Abacus Financial Holdings Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 163.53 million compared to PHP 42.97 million a year ago. Net income was PHP 25.34 million compared to net loss of PHP 67.65 million a year ago. Basic earnings per share from continuing operations was PHP 0.02 compared to basic loss per share from continuing operations of PHP 0.06 a year ago. Diluted earnings per share from continuing operations was PHP 0.02 compared to diluted loss per share from continuing operations of PHP 0.06 a year ago.
For the nine months, revenue was PHP 293.76 million compared to PHP 214.07 million a year ago. Net loss was PHP 73.75 million compared to PHP 124.43 million a year ago. Basic loss per share from continuing operations was PHP 0.07 compared to PHP 0.12 a year ago. Diluted loss per share from continuing operations was PHP 0.07 compared to PHP 0.12 a year ago.