SP New Energy 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 269.62 million. Net loss was PHP 49.73 million compared to PHP 15.51 million a year ago. Basic loss per share from continuing operations was PHP 0.0014 compared to PHP 0.0018 a year ago.
For the nine months, sales was PHP 333.67 million. Net loss was PHP 106.98 million compared to PHP 40.45 million a year ago. Basic loss per share from continuing operations was PHP 0.0051 compared to PHP 0.006 a year ago.