Aboitiz Equity Ventures, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 73,937.35 million compared to PHP 80,858.19 million a year ago. Net income was PHP 7,564.94 million compared to PHP 9,616.22 million a year ago. Basic earnings per share from continuing operations was PHP 1.34 compared to PHP 1.69 a year ago. Diluted earnings per share from continuing operations was PHP 1.34 compared to PHP 1.69 a year ago.
For the nine months, sales was PHP 232,551.68 million compared to PHP 216,656.94 million a year ago. Net income was PHP 18,033.66 million compared to PHP 21,364.91 million a year ago. Basic earnings per share from continuing operations was PHP 3.2 compared to PHP 3.79 a year ago. Diluted earnings per share from continuing operations was PHP 3.2 compared to PHP 3.79 a year ago.