Philex Mining Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 1,801.68 million. Net income was PHP 139.84 million. Basic earnings per share from continuing operations was PHP 0.024.
For the nine months, sales was PHP 5,958.14 million compared to PHP 7,058.12 million a year ago. Net income was PHP 843.98 million compared to PHP 1,638.9 million a year ago. Basic earnings per share from continuing operations was PHP 0.146 compared to PHP 0.32 a year ago.