Petron 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 178,284 million compared to PHP 226,186 million a year ago. Net income was PHP 2,610 million compared to PHP 3,513 million a year ago. Basic earnings per share from continuing operations was PHP 0.1 compared to PHP 0.24 a year ago.
For the six months, sales was PHP 367,037 million compared to PHP 398,517 million a year ago. Net income was PHP 5,648 million compared to PHP 6,761 million a year ago. Basic earnings per share from continuing operations was PHP 0.32 compared to PHP 0.49 a year ago.