ABS-CBN Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 08:30 pm EDT
ABS-CBN Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 4,831.69 million compared to PHP 4,237.94 million a year ago. Net loss was PHP 39.11 million compared to PHP 1,416.86 million a year ago. Basic loss per share from continuing operations was PHP 0.052 compared to PHP 1.726 a year ago. Diluted loss per share from continuing operations was PHP 0.052 compared to PHP 1.726 a year ago.
For the six months, sales was PHP 9,481.49 million compared to PHP 8,158.11 million a year ago. Net loss was PHP 1,422.78 million compared to PHP 3,367.52 million a year ago. Basic loss per share from continuing operations was PHP 1.734 compared to PHP 4.097 a year ago. Diluted loss per share from continuing operations was PHP 1.734 compared to PHP 4.097 a year ago.