Cebu Landmasters, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 50.59 million compared to PHP 33.91 million a year ago. Net income was PHP 888.46 million compared to PHP 810.64 million a year ago.

Basic earnings per share from continuing operations was PHP 0.26 compared to PHP 0.23 a year ago. Diluted earnings per share from continuing operations was PHP 0.26 compared to PHP 0.23 a year ago.