Lopez Holdings Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 40,187 million compared to PHP 46,637 million a year ago. Revenue was PHP 40,187 million compared to PHP 46,637 million a year ago. Net income was PHP 1,961 million compared to PHP 1,645 million a year ago. Basic earnings per share from continuing operations was PHP 0.51 compared to PHP 0.43 a year ago. Diluted earnings per share from continuing operations was PHP 0.51 compared to PHP 0.43 a year ago.
For the nine months, sales was PHP 124,289 million compared to PHP 125,055 million a year ago. Revenue was PHP 124,289 million compared to PHP 125,055 million a year ago. Net income was PHP 5,210 million compared to PHP 4,116 million a year ago. Basic earnings per share from continuing operations was PHP 1.36 compared to PHP 1.075 a year ago. Diluted earnings per share from continuing operations was PHP 1.36 compared to PHP 1.075 a year ago.