Concepcion Industrial Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PHP 3,625.78 million compared to PHP 2,972.54 million a year ago. Net income was PHP 71.95 million compared to PHP 19.32 million a year ago. Basic earnings per share from continuing operations was PHP 0.18 compared to PHP 0.05 a year ago.
For the nine months, revenue was PHP 10,859.05 million compared to PHP 9,698.05 million a year ago. Net income was PHP 288.4 million compared to PHP 131.78 million a year ago. Basic earnings per share from continuing operations was PHP 0.72 compared to PHP 0.33 a year ago.