PhilWeb Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was PHP 394 million compared to PHP 267.54 million a year ago. Revenue was PHP 812.89 million compared to PHP 537.78 million a year ago.

Net income was PHP 27.3 million compared to net loss of PHP 52.21 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 0.04 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 0.04 a year ago.