Italpinas Development Corporation announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was PHP 248.258 million compared to PHP 142.780 million a year ago. Operating income was PHP 7.664 million compared to PHP 27.458 million a year ago. Net income was PHP 11.994 million compared to PHP 9.527 million a year ago. Basic earnings per share was PHP 0.04 compared to PHP 0.03 a year ago. For the nine months, sales was PHP 401.663 million compared to PHP 295.818 million a year ago. Net income was PHP 36.467 million compared to PHP 33.186 million a year ago. Basic earnings per share was PHP 0.11 compared to PHP 0.1 a year ago.