PetroEnergy Resources Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 688.93 million compared to PHP 702.86 million a year ago. Net income was PHP 104.96 million compared to PHP 178.23 million a year ago. Basic earnings per share from continuing operations was PHP 0.1846 compared to PHP 0.3134 a year ago.
For the six months, revenue was PHP 1,296.51 million compared to PHP 1,295.01 million a year ago. Net income was PHP 277.57 million compared to PHP 355.19 million a year ago. Basic earnings per share from continuing operations was PHP 0.4881 compared to PHP 0.6245 a year ago.