Philex Mining 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 2,051.11 million. Net income was PHP 314.56 million. Basic earnings per share from continuing operations was PHP 0.054.
For the six months, sales was PHP 4,156.47 million compared to PHP 5,013.67 million a year ago. Net income was PHP 704.14 million compared to PHP 1,399.24 million a year ago. Basic earnings per share from continuing operations was PHP 0.121 compared to PHP 0.283 a year ago.