National Reinsurance Corporation of the Philippines reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was PHP 68.45 million compared to net loss of PHP 102.5 million a year ago. Basic earnings per share from continuing operations was PHP 0.032 compared to basic loss per share from continuing operations of PHP 0.048 a year ago. Diluted earnings per share from continuing operations was PHP 0.032 compared to diluted loss per share from continuing operations of PHP 0.048 a year ago.
For the six months, net income was PHP 156.04 million compared to net loss of PHP 21.3 million a year ago. Basic earnings per share from continuing operations was PHP 0.073 compared to basic loss per share from continuing operations of PHP 0.01 a year ago. Diluted earnings per share from continuing operations was PHP 0.073 compared to diluted loss per share from continuing operations of PHP 0.01 a year ago.