First Abacus Financial Holdings Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 22.28 million compared to PHP 33.47 million a year ago. Net loss was PHP 75.09 million compared to PHP 63.98 million a year ago. Basic loss per share from continuing operations was PHP 0.07 compared to PHP 0.06 a year ago. Diluted loss per share from continuing operations was PHP 0.07 compared to PHP 0.06 a year ago.
For the six months, revenue was PHP 122.59 million compared to PHP 130.23 million a year ago. Net loss was PHP 113.59 million compared to PHP 99.09 million a year ago. Basic loss per share from continuing operations was PHP 0.11 compared to PHP 0.09 a year ago. Diluted loss per share from continuing operations was PHP 0.11 compared to PHP 0.09 a year ago.