PetroEnergy Resources Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PHP 862.62 million compared to PHP 621.44 million a year ago. Net income was PHP 167.95 million compared to PHP 111.03 million a year ago. Basic earnings per share from continuing operations was PHP 0.2953 compared to PHP 0.1952 a year ago.
For the nine months, revenue was PHP 2,159.14 million compared to PHP 1,916.45 million a year ago. Net income was PHP 445.52 million compared to PHP 466.22 million a year ago. Basic earnings per share from continuing operations was PHP 0.7834 compared to PHP 0.8198 a year ago.