PhilWeb Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was PHP 98.52 million compared to PHP 98.15 million a year ago. Revenue was PHP 205.26 million compared to PHP 204.29 million a year ago.

Net income was PHP 2.3 million compared to net loss of PHP 5.45 million a year ago. Basic earnings per share from continuing operations was PHP 0.002 compared to basic loss per share from continuing operations of PHP 0.004 a year ago. Diluted earnings per share from continuing operations was PHP 0.002 compared to diluted loss per share from continuing operations of PHP 0.004 a year ago.