Italpinas Development Corporation announced earnings results for the year ended December 31, 2018. For the period, the company reported net sales of PHP 368,520,682 compared to PHP 189,691,859 a year ago. Net income was PHP 120,562,181 compared to PHP 59,899,181 a year ago. Basic earnings per share were PHP 0.37 compared to PHP 0.27 a year ago. Diluted earnings per share were PHP 0.37 compared to PHP 0.19 a year ago.