Concepcion Industrial Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was PHP 2,881.72 million compared to PHP 3,086.55 million a year ago. Net income was PHP 53.66 million compared to net loss of PHP 21.32 million a year ago.

Basic earnings per share from continuing operations was PHP 0.13 compared to basic loss per share from continuing operations of PHP 0.05 a year ago. Diluted earnings per share from continuing operations was PHP 0.13 compared to diluted loss per share from continuing operations of PHP 0.05 a year ago.