Shell Pilipinas Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 61,841.48 million compared to PHP 77,926.36 million a year ago. Net income was PHP 1,931.96 million compared to net loss of PHP 3,358.85 million a year ago. Basic earnings per share from continuing operations was PHP 1.2 compared to basic loss per share from continuing operations of PHP 2.08 a year ago. Diluted earnings per share from continuing operations was PHP 1.2 compared to diluted loss per share from continuing operations of PHP 2.08 a year ago.
For the nine months, sales was PHP 190,264.2 million compared to PHP 213,252.69 million a year ago. Net income was PHP 2,054.86 million compared to PHP 4,406.89 million a year ago. Basic earnings per share from continuing operations was PHP 1.27 compared to PHP 2.73 a year ago. Diluted earnings per share from continuing operations was PHP 1.27 compared to PHP 2.73 a year ago.