Crown Asia Chemicals 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 451.97 million compared to PHP 469.68 million a year ago. Net income was PHP 97.7 million compared to PHP 72.29 million a year ago. Basic earnings per share from continuing operations was PHP 0.16 compared to PHP 0.12 a year ago. Diluted earnings per share from continuing operations was PHP 0.16 compared to PHP 0.12 a year ago.
For the nine months, sales was PHP 1,175.91 million compared to PHP 1,407.25 million a year ago. Net income was PHP 208.24 million compared to PHP 200 million a year ago. Basic earnings per share from continuing operations was PHP 0.34 compared to PHP 0.33 a year ago.