Seafront Resources Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was PHP 0.278142 million compared to PHP 20.02 million a year ago. Net loss was PHP 0.516255 million compared to net income of PHP 12.44 million a year ago. Basic loss per share from continuing operations was PHP 0.0032 compared to basic earnings per share from continuing operations of PHP 0.0763 a year ago.
For the six months, revenue was PHP 3.24 million compared to PHP 22.55 million a year ago. Net income was PHP 2.58 million compared to PHP 13.57 million a year ago. Basic earnings per share from continuing operations was PHP 0.016 compared to PHP 0.083 a year ago.