Benguet 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 182.92 million compared to PHP 236.36 million a year ago. Net loss was PHP 25.78 million compared to PHP 28.44 million a year ago. Basic loss per share from continuing operations was PHP 0.04 compared to PHP 0.05 a year ago. Diluted loss per share from continuing operations was PHP 0.04 compared to PHP 0.05 a year ago.
For the nine months, sales was PHP 1,786.07 million compared to PHP 2,961.16 million a year ago. Net income was PHP 412.85 million compared to PHP 945.67 million a year ago. Basic earnings per share from continuing operations was PHP 0.66 compared to PHP 1.52 a year ago. Diluted earnings per share from continuing operations was PHP 0.66 compared to PHP 1.51 a year ago.