Concepcion Industrial Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 2,972.54 million compared to PHP 2,585.48 million a year ago. Net income was PHP 19.32 million compared to net loss of PHP 24.35 million a year ago. Basic earnings per share from continuing operations was PHP 0.05 compared to basic loss per share from continuing operations of PHP 0.06 a year ago.
For the nine months, revenue was PHP 9,698.05 million compared to PHP 9,023.3 million a year ago. Net income was PHP 131.78 million compared to PHP 171.25 million a year ago. Basic earnings per share from continuing operations was PHP 0.33 compared to PHP 0.43 a year ago.