ABS-CBN Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 07:28 pm EDT
ABS-CBN Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 4,533.4 million compared to PHP 4,831.69 million a year ago. Net loss was PHP 965.28 million compared to PHP 39.11 million a year ago. Basic loss per share from continuing operations was PHP 1.102 compared to PHP 0.052 a year ago. Diluted loss per share from continuing operations was PHP 1.102 compared to PHP 0.052 a year ago.
For the six months, sales was PHP 8,795.03 million compared to PHP 9,481.49 million a year ago. Net loss was PHP 2,127.1 million compared to PHP 1,422.78 million a year ago. Basic loss per share from continuing operations was PHP 2.424 compared to PHP 1.734 a year ago. Diluted loss per share from continuing operations was PHP 2.424 compared to PHP 1.734 a year ago.