Philippine Estates Corporation announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced operating income was PHP 2.023 million compared to PHP 220,581 a year ago. Net income was PHP 277,824 compared to net loss of PHP 2.458 million a year ago. For the nine months, operating income was PHP 11.267 million compared to PHP 7.055 million a year ago. Net income was PHP 5.785 million compared to PHP 931,694 a year ago.