Cityland Development Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 51.02 million compared to PHP 46.93 million a year ago. Revenue was PHP 995.81 million compared to PHP 479.19 million a year ago. Net income was PHP 442.81 million compared to PHP 174.04 million a year ago. Basic earnings per share from continuing operations was PHP 0.078 compared to PHP 0.0293 a year ago. Diluted earnings per share from continuing operations was PHP 0.078 compared to PHP 0.0293 a year ago.
For the nine months, sales was PHP 138.19 million compared to PHP 137.89 million a year ago. Revenue was PHP 2,631.34 million compared to PHP 1,354.55 million a year ago. Net income was PHP 807.38 million compared to PHP 429.13 million a year ago. Basic earnings per share from continuing operations was PHP 0.1659 compared to PHP 0.0878 a year ago. Diluted earnings per share from continuing operations was PHP 0.1659 compared to PHP 0.0878 a year ago.