PhilWeb Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 98.15 million compared to PHP 84.27 million a year ago. Revenue was PHP 204.29 million compared to PHP 181.67 million a year ago.

Net loss was PHP 5.45 million compared to net income of PHP 5.58 million a year ago. Basic loss per share from continuing operations was PHP 0.004 compared to basic earnings per share from continuing operations of PHP 0.0044 a year ago. Diluted loss per share from continuing operations was PHP 0.004 compared to diluted earnings per share from continuing operations of PHP 0.0044 a year ago.