Cebu Landmasters, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 41.19 million compared to PHP 34.55 million a year ago. Revenue was PHP 3,506.85 million compared to PHP 2,524.35 million a year ago. Net income was PHP 649.88 million compared to PHP 535.96 million a year ago. Basic earnings per share from continuing operations was PHP 0.19 compared to PHP 0.24 a year ago. Diluted earnings per share from continuing operations was PHP 0.19.
For the nine months, sales was PHP 109.09 million compared to PHP 72.73 million a year ago. Revenue was PHP 10,963.22 million compared to PHP 7,657.8 million a year ago. Net income was PHP 2,200.38 million compared to PHP 1,853.91 million a year ago. Basic earnings per share from continuing operations was PHP 0.64 compared to PHP 0.85 a year ago. Diluted earnings per share from continuing operations was PHP 0.64.