San Miguel Corporation reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was PHP 390,500 million compared to PHP 375,859 million a year ago. Net income was PHP 13,681 million compared to net loss of PHP 611 million a year ago. Basic earnings per share from continuing operations was PHP 4.74 compared to basic loss per share from continuing operations of PHP 0.87 a year ago. Diluted earnings per share from continuing operations was PHP 4.74 compared to diluted loss per share from continuing operations of PHP 0.87 a year ago.
For the nine months, sales was PHP 1,179,521 million compared to PHP 1,061,088 million a year ago. Net income was PHP 4,978 million compared to PHP 146 million a year ago. Basic loss per share from continuing operations was PHP 0.9 compared to PHP 1.71 a year ago. Diluted loss per share from continuing operations was PHP 0.9 compared to PHP 1.71 a year ago.