Panasonic Manufacturing Philippines Corporation reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was PHP 3,373.22 million compared to PHP 3,694.78 million a year ago. Net income was PHP 4.82 million compared to net loss of PHP 8.06 million a year ago. Basic earnings per share from continuing operations was PHP 0.01 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 0.01 compared to diluted loss per share from continuing operations of PHP 0.02 a year ago.
For the six months, sales was PHP 6,957.49 million compared to PHP 7,440.25 million a year ago. Net income was PHP 97.95 million compared to PHP 4.69 million a year ago. Basic earnings per share from continuing operations was PHP 0.23 compared to PHP 0.01 a year ago. Diluted earnings per share from continuing operations was PHP 0.23 compared to PHP 0.01 a year ago.