Chemical Industries of the Philippines, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 0.34277 million compared to PHP 1.44 million a year ago. Revenue was PHP 1,009.34 million compared to PHP 1.44 million a year ago.

Net income was PHP 555.95 million compared to net loss of PHP 3.16 million a year ago. Basic earnings per share from continuing operations was PHP 53.993 compared to basic loss per share from continuing operations of PHP 0.307 a year ago. Diluted earnings per share from continuing operations was PHP 53.993 compared to diluted loss per share from continuing operations of PHP 0.307 a year ago.