National Reinsurance Corporation of the Philippines reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was PHP 53.96 million compared to net loss of PHP 136.96 million a year ago. Basic earnings per share from continuing operations was PHP 0.025 compared to basic loss per share from continuing operations of PHP 0.064 a year ago. Diluted earnings per share from continuing operations was PHP 0.025 compared to diluted loss per share from continuing operations of PHP 0.064 a year ago.
For the nine months, net income was PHP 209.99 million compared to net loss of PHP 158.26 million a year ago. Basic earnings per share from continuing operations was PHP 0.099 compared to basic loss per share from continuing operations of PHP 0.075 a year ago. Diluted earnings per share from continuing operations was PHP 0.099 compared to diluted loss per share from continuing operations of PHP 0.075 a year ago.