EEI 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 3,792.58 million compared to PHP 3,550.28 million a year ago. Revenue was PHP 4,347.42 million compared to PHP 4,130.65 million a year ago. Net income was PHP 406 million compared to PHP 33.08 million a year ago. Basic earnings per share from continuing operations was PHP 0.3196 compared to basic loss per share from continuing operations of PHP 0.0402 a year ago. Diluted earnings per share from continuing operations was PHP 0.3196 compared to diluted loss per share from continuing operations of PHP 0.0402 a year ago.
For the nine months, sales was PHP 10,282.76 million compared to PHP 8,897.1 million a year ago. Revenue was PHP 12,199.39 million compared to PHP 10,408 million a year ago. Net loss was PHP 294.97 million compared to net income of PHP 149.68 million a year ago. Basic loss per share from continuing operations was PHP 0.5011 compared to PHP 0.072 a year ago. Diluted loss per share from continuing operations was PHP 0.5011 compared to PHP 0.072 a year ago.