Basic Energy Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 18,665.08 million. Net income was PHP 8.33 million compared to net loss of PHP 18.36 million a year ago. Basic earnings per share from continuing operations was PHP 0.01 compared to basic loss per share from continuing operations of PHP 0.004 a year ago. Diluted earnings per share from continuing operations was PHP 0.01.
For the six months, sales was PHP 36,732.75 million. Net income was PHP 100.34 million compared to net loss of PHP 33.79 million a year ago.