JG Summit Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 9,529.61 million compared to PHP 20,176.99 million a year ago. Revenue was PHP 81,137.57 million compared to PHP 81,882.96 million a year ago. Net income was PHP 5,378 million compared to PHP 43.88 million a year ago. Basic earnings per share was PHP 0.72 compared to PHP 0.01 a year ago. Diluted earnings per share was PHP 0.72 compared to PHP 0.01 a year ago.
For the six months, sales was PHP 18,418.03 million compared to PHP 26,618.9 million a year ago. Revenue was PHP 163,394.23 million compared to PHP 146,137.82 million a year ago. Net income was PHP 10,376.38 million compared to net loss of PHP 2,749.25 million a year ago. Basic earnings per share was PHP 1.38 compared to basic loss per share of PHP 0.37 a year ago. Diluted earnings per share was PHP 1.38 compared to diluted loss per share of PHP 0.37 a year ago.