EEI Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 2,573.95 million compared to PHP 4,558.56 million a year ago. Revenue was PHP 3,118.49 million compared to PHP 4,894.97 million a year ago. Net loss was PHP 94.03 million compared to net income of PHP 250.17 million a year ago. Basic loss per share from continuing operations was PHP 0.1629 compared to basic earnings per share from continuing operations of PHP 0.2414 a year ago. Diluted loss per share from continuing operations was PHP 0.1629 compared to diluted earnings per share from continuing operations of PHP 0.2414 a year ago.
For the six months, sales was PHP 5,346.81 million compared to PHP 7,917.26 million a year ago. Revenue was PHP 6,277.35 million compared to PHP 8,545.49 million a year ago. Net income was PHP 116.6 million compared to PHP 329.17 million a year ago. Basic loss per share from continuing operations was PHP 0.0318 compared to basic earnings per share from continuing operations of PHP 0.3176 a year ago. Diluted loss per share from continuing operations was PHP 0.0318 compared to diluted earnings per share from continuing operations of PHP 0.3176 a year ago.