Grand Plaza Hotel 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 82.44 million compared to PHP 44.54 million a year ago. Revenue was PHP 115.67 million compared to PHP 63.18 million a year ago. Net income was PHP 18.64 million compared to PHP 1.44 million a year ago. Basic earnings per share from continuing operations was PHP 0.35 compared to PHP 0.03 a year ago. Diluted earnings per share from continuing operations was PHP 0.35 compared to PHP 0.03 a year ago.
For the six months, sales was PHP 141.88 million compared to PHP 103.36 million a year ago. Revenue was PHP 203.9 million compared to PHP 132.04 million a year ago. Net loss was PHP 2.14 million compared to net income of PHP 4.28 million a year ago. Basic loss per share from continuing operations was PHP 0.04 compared to basic earnings per share from continuing operations of PHP 0.08 a year ago. Diluted loss per share from continuing operations was PHP 0.04 compared to diluted earnings per share from continuing operations of PHP 0.08 a year ago.