Petron Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 232,621 million compared to PHP 117,442 million a year ago. Net income was PHP 378 million compared to PHP 1,006 million a year ago.
For the nine months, sales was PHP 631,138 million compared to PHP 291,573 million a year ago. Net income was PHP 7,139 million compared to PHP 4,416 million a year ago. Basic earnings per share from continuing operations was PHP 0.39 compared to PHP 0.15 a year ago.