Basic Energy Corporation reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was PHP 18,067.67 million. Net income was PHP 92.01 million compared to net loss of PHP 17.91 million a year ago. Basic earnings per share from continuing operations was PHP 0.0065 compared to basic loss per share from continuing operations of PHP 0.0064 a year ago.