Seafront Resources Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 0.727386 million compared to PHP 11.6 million a year ago. Net loss was PHP 2.96 million compared to net income of PHP 7.47 million a year ago. Basic loss per share from continuing operations was PHP 0.0181 compared to basic earnings per share from continuing operations of PHP 0.0458 a year ago.
For the nine months, revenue was PHP 1.24 million compared to PHP 32.46 million a year ago. Net loss was PHP 0.377247 million compared to net income of PHP 21.05 million a year ago. Basic loss per share from continuing operations was PHP 0.002 compared to basic earnings per share from continuing operations of PHP 0.129 a year ago.