PAL Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 45,238.31 million compared to PHP 33,740.45 million a year ago. Net income was PHP 6,231.6 million compared to PHP 2,471.8 million a year ago. Basic earnings per share from continuing operations was PHP 0.537 compared to PHP 0.213 a year ago. Diluted earnings per share from continuing operations was PHP 0.537 compared to PHP 0.213 a year ago.
For the six months, revenue was PHP 87,446.49 million compared to PHP 57,365.38 million a year ago. Net income was PHP 10,885.09 million compared to PHP 3,555.43 million a year ago. Basic earnings per share from continuing operations was PHP 0.937 compared to PHP 0.306 a year ago. Diluted earnings per share from continuing operations was PHP 0.937 compared to PHP 0.306 a year ago.