MREIT, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 811.51 million compared to PHP 742.73 million a year ago. Revenue was PHP 1,035.92 million compared to PHP 901.57 million a year ago.

Net income was PHP 730.42 million compared to PHP 687.17 million a year ago. Basic earnings per share from continuing operations was PHP 0.26 compared to PHP 0.27 a year ago. Diluted earnings per share from continuing operations was PHP 0.26 compared to PHP 0.27 a year ago.