Semirara Mining and Power Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PHP 11,627.11 million compared to PHP 21,158.78 million a year ago. Net income was PHP 3,400.46 million compared to PHP 10,150.66 million a year ago. Basic earnings per share from continuing operations was PHP 0.8 compared to PHP 2.39 a year ago. Diluted earnings per share from continuing operations was PHP 0.8 compared to PHP 2.39 a year ago.
For the nine months, revenue was PHP 56,200.34 million compared to PHP 73,167.67 million a year ago. Net income was PHP 22,615.06 million compared to PHP 35,954.95 million a year ago. Basic earnings per share from continuing operations was PHP 5.32 compared to PHP 8.46 a year ago. Diluted earnings per share from continuing operations was PHP 5.32 compared to PHP 8.46 a year ago.