Atlas Consolidated Mining and Development Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:12 am EST
Atlas Consolidated Mining and Development Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 3,375.54 million compared to PHP 5,469.39 million a year ago. Net income was PHP 1,063.69 million compared to PHP 1,542.06 million a year ago. Basic earnings per share from continuing operations was PHP 0.299 compared to PHP 0.433 a year ago. Diluted earnings per share from continuing operations was PHP 0.299 compared to PHP 0.433 a year ago.
For the nine months, revenue was PHP 12,691.96 million compared to PHP 14,244.63 million a year ago. Net income was PHP 3,068.68 million compared to PHP 3,477.28 million a year ago. Basic earnings per share from continuing operations was PHP 0.863 compared to PHP 0.977 a year ago. Diluted earnings per share from continuing operations was PHP 0.863 compared to PHP 0.977 a year ago.