Acesite (Phils.) Hotel Corporation announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net loss was PHP 28.038 million compared to PHP 36.568 million a year ago. Basic loss per share was PHP 0.08 compared to PHP 0.11 a year ago. For the half year, net loss was PHP 57.221 million compared to PHP 73.718 million a year ago. Basic loss per share was PHP 0.17 compared to PHP 0.21 a year ago.