Discovery World Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 188.1 million compared to PHP 193.66 million a year ago. Revenue was PHP 251.07 million compared to PHP 265.12 million a year ago. Net loss was PHP 39.2 million compared to net income of PHP 34.84 million a year ago. Basic loss per share from continuing operations was PHP 0.05 compared to basic earnings per share from continuing operations of PHP 0.04 a year ago. Diluted loss per share from continuing operations was PHP 0.05 compared to diluted earnings per share from continuing operations of PHP 0.04 a year ago.
For the six months, sales was PHP 368.19 million compared to PHP 294.44 million a year ago. Revenue was PHP 499.02 million compared to PHP 402.41 million a year ago. Net loss was PHP 57.54 million compared to PHP 9.38 million a year ago. Basic loss per share from continuing operations was PHP 0.07 compared to PHP 0.01 a year ago. Diluted loss per share from continuing operations was PHP 0.07 compared to PHP 0.01 a year ago.