MacroAsia Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 6.98 million compared to PHP 7.27 million a year ago. Revenue was PHP 1,105.1 million compared to PHP 472.96 million a year ago. Net income was PHP 91.72 million compared to net loss of PHP 289.22 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 0.15 a year ago. Diluted earnings per share from continuing operations was PHP 0.05 compared to diluted loss per share from continuing operations of PHP 0.15 a year ago.
For the six months, sales was PHP 14.27 million compared to PHP 14.55 million a year ago. Revenue was PHP 1,815.37 million compared to PHP 875.91 million a year ago. Net income was PHP 64.84 million compared to net loss of PHP 524.4 million a year ago. Basic earnings per share from continuing operations was PHP 0.03 compared to basic loss per share from continuing operations of PHP 0.28 a year ago. Diluted earnings per share from continuing operations was PHP 0.03 compared to diluted loss per share from continuing operations of PHP 0.28 a year ago.