Panasonic Manufacturing Philippines Corporation reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was PHP 3,099.45 million compared to PHP 3,387.59 million a year ago. Net loss was PHP 21.59 million compared to PHP 23.41 million a year ago. Basic loss per share from continuing operations was PHP 0.06 compared to PHP 0.06 a year ago. Diluted loss per share from continuing operations was PHP 0.06 compared to PHP 0.06 a year ago.
For the nine months, sales was PHP 10,056.94 million compared to PHP 10,827.85 million a year ago. Net income was PHP 76.14 million compared to net loss of PHP 18.72 million a year ago. Basic earnings per share from continuing operations was PHP 0.18. Diluted earnings per share from continuing operations was PHP 0.18.