Eagle Cement Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 07:06 pm EST
Eagle Cement Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 6,399.24 million compared to PHP 5,185.44 million a year ago. Net income was PHP 1,255.22 million compared to PHP 1,382.47 million a year ago. Basic earnings per share from continuing operations was PHP 0.25 compared to PHP 0.28 a year ago. Diluted earnings per share from continuing operations was PHP 0.25 compared to PHP 0.28 a year ago.
For the nine months, sales was PHP 20,078.81 million compared to PHP 16,242.87 million a year ago. Net income was PHP 4,220.76 million compared to PHP 5,078.61 million a year ago. Basic earnings per share from continuing operations was PHP 0.84 compared to PHP 1.02 a year ago. Diluted earnings per share from continuing operations was PHP 0.84 compared to PHP 1.02 a year ago.