Centro Escolar University announced unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported gross revenue of PHP 391,153,561 compared to PHP 448,416,405 a year ago. Income before tax was PHP 79,162,673 compared to PHP 124,277,799 a year ago. Net income after tax was PHP 79,162,673 compared to PHP 124,277,799 a year ago. Net income attributable to parent equity holder was PHP 79,162,673 compared to PHP 124,277,799 a year ago. Earnings per basic and diluted share was PHP 0.21 compared to PHP 0.33 a year ago. Net cash provided by operating activities was PHP 90,177,060 compared to PHP 203,355,437 a year ago. Additions to property and equipment were PHP 29,091,064 compared to PHP 116,198,389 a year ago. For the nine months, the company reported gross revenue of PHP 1,037,590,475 compared to PHP 1,148,734,001 a year ago. Income before tax was PHP 89,548,837 compared to PHP 240,459,802 a year ago. Net income after tax was PHP 89,548,837 compared to PHP 240,459,802 a year ago. Net income attributable to parent equity holder was PHP 89,548,837 compared to PHP 240,459,802 a year ago. Earnings per basic and diluted share was PHP 0.24 compared to PHP 0.65 a year ago. Net cash provided by operating activities was PHP 223,710,575 compared to PHP 187,359,799 a year ago. Additions to property and equipment were PHP 228,756,216 compared to PHP 175,204,138 a year ago.