Italpinas Development Corporation reported earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported net sales of PHP 207,206,954 against PHP 38,965,245 a year ago. Profit from operations was PHP 27,458,811 against PHP 3,389,035 a year ago. Net income before tax was PHP 10,479,701 against PHP 3,600,266 a year ago. Profit was PHP 9,527,166 against PHP 3,392,891 a year ago. Earnings per share diluted were PHP 0.03 against PHP 0.02 per share a year ago. For the nine months, the company reported net sales of PHP 373,019,941 against PHP 123,372,654 a year ago. Profit from operations was PHP 62,996,117 against PHP 25,886,284 a year ago. Profit before tax was PHP 36,224,718 against PHP 23,963,907 a year ago. Profit was PHP 33,186,836 against PHP 22,840,168 a year ago. Earnings per share diluted were PHP 0.10 against PHP 0.10 per share a year ago.