EEI Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 3,108.85 million compared to PHP 2,573.95 million a year ago. Revenue was PHP 3,877.48 million compared to PHP 3,118.49 million a year ago. Net loss was PHP 255.03 million compared to PHP 94.03 million a year ago. Basic loss per share from continuing operations was PHP 0.3182 compared to PHP 0.1629 a year ago. Diluted loss per share from continuing operations was PHP 0.3182 compared to PHP 0.1629 a year ago.
For the six months, sales was PHP 6,490.18 million compared to PHP 5,346.81 million a year ago. Revenue was PHP 7,851.98 million compared to PHP 6,277.35 million a year ago. Net loss was PHP 700.97 million compared to net income of PHP 116.6 million a year ago. Basic loss per share from continuing operations was PHP 0.8207 compared to PHP 0.0318 a year ago. Diluted loss per share from continuing operations was PHP 0.8207 compared to PHP 0.0318 a year ago.