Basic Energy Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 16,492.99 million compared to PHP 19,344.48 million a year ago. Net loss was PHP 60.82 million compared to net income of PHP 157.72 million a year ago.
For the nine months, sales was PHP 49,512.53 million compared to PHP 56,077.23 million a year ago. Net loss was PHP 42.22 million compared to net income of PHP 258.06 million a year ago.