Cityland Development Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 48.88 million compared to PHP 43.19 million a year ago. Revenue was PHP 928.13 million compared to PHP 416.97 million a year ago. Net income was PHP 325.39 million compared to PHP 186.14 million a year ago. Basic earnings per share from continuing operations was PHP 0.0488 compared to PHP 0.0293 a year ago. Diluted earnings per share from continuing operations was PHP 0.0488 compared to PHP 0.0293 a year ago.
For the six months, sales was PHP 87.17 million compared to PHP 90.96 million a year ago. Revenue was PHP 1,635.54 million compared to PHP 875.36 million a year ago. Net income was PHP 419.41 million compared to PHP 278.65 million a year ago. Basic earnings per share from continuing operations was PHP 0.0878 compared to PHP 0.0557 a year ago. Diluted earnings per share from continuing operations was PHP 0.0878 compared to PHP 0.0557 a year ago.