Basic Energy Corporation reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was PHP 0.508007 million compared to PHP 0.380359 million a year ago. Net loss was PHP 14.14 million compared to PHP 43.7 million a year ago. Basic loss per share from continuing operations was PHP 0.0021 compared to PHP 0.0155 a year ago. Diluted loss per share from continuing operations was PHP 0.0021 compared to PHP 0.0155 a year ago.
For the nine months, revenue was PHP 1.44 million compared to PHP 1.64 million a year ago. Net loss was PHP 47.6 million compared to PHP 65.51 million a year ago. Basic loss per share from continuing operations was PHP 0.0071 compared to PHP 0.0233 a year ago.