Crown Asia Chemicals 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 394.49 million compared to PHP 422.94 million a year ago. Net income was PHP 54.38 million compared to PHP 52.08 million a year ago. Basic earnings per share from continuing operations was PHP 0.09 compared to PHP 0.09 a year ago. Diluted earnings per share from continuing operations was PHP 0.09 compared to PHP 0.09 a year ago.
For the six months, sales was PHP 723.95 million compared to PHP 937.58 million a year ago. Net income was PHP 110.54 million compared to PHP 127.7 million a year ago. Basic earnings per share from continuing operations was PHP 0.18 compared to PHP 0.21 a year ago. Diluted earnings per share from continuing operations was PHP 0.18 compared to PHP 0.21 a year ago.