PhilWeb Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
For the six months, sales was PHP 193.38 million compared to PHP 201.82 million a year ago. Revenue was PHP 403.64 million compared to PHP 385.17 million a year ago. Net loss was PHP 10.71 million compared to net income of PHP 17.63 million a year ago. Basic loss per share from continuing operations was PHP 0.008 compared to basic earnings per share from continuing operations of PHP 0.014 a year ago. Diluted loss per share from continuing operations was PHP 0.008 compared to diluted earnings per share from continuing operations of PHP 0.014 a year ago.