Acesite (Phils.) Hotel Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported net loss was PHP 24.31 million compared to PHP 26.27 million a year ago. Basic loss per share from continuing operations was PHP 0.07 compared to PHP 0.08 a year ago.

Diluted loss per share from continuing operations was PHP 0.07 compared to PHP 0.08 a year ago.