Metro Retail Stores Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 8,962.38 million compared to PHP 6,929.9 million a year ago. Revenue was PHP 8,962.38 million compared to PHP 6,929.9 million a year ago. Net income was PHP 185.6 million compared to net loss of PHP 55.47 million a year ago. Basic earnings per share from continuing operations was PHP 0.06 compared to basic loss per share from continuing operations of PHP 0.02 a year ago. Diluted earnings per share from continuing operations was PHP 0.06 compared to diluted loss per share from continuing operations of PHP 0.02 a year ago.
For the six months, sales was PHP 17,521.52 million compared to PHP 13,884.28 million a year ago. Revenue was PHP 17,521.52 million compared to PHP 13,884.28 million a year ago. Net income was PHP 218.93 million compared to net loss of PHP 181.95 million a year ago. Basic earnings per share from continuing operations was PHP 0.07 compared to basic loss per share from continuing operations of PHP 0.05 a year ago. Diluted earnings per share from continuing operations was PHP 0.07 compared to diluted loss per share from continuing operations of PHP 0.05 a year ago.