Atlas Consolidated Mining and Development Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was PHP 77.68 million compared to PHP 1,063.69 million a year ago. Basic earnings per share from continuing operations was PHP 0.021834 compared to PHP 0.298994 a year ago. Diluted earnings per share from continuing operations was PHP 0.021834 compared to PHP 0.298994 a year ago.
For the nine months, net income was PHP 880.23 million compared to PHP 3,068.67 million a year ago. Basic earnings per share from continuing operations was PHP 0.2474 compared to PHP 0.86258 a year ago. Diluted earnings per share from continuing operations was PHP 0.2474 compared to PHP 0.86258 a year ago.