PHINMA Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 19.65 million compared to PHP 17.44 million a year ago. Revenue was PHP 4,783.13 million compared to PHP 4,494.02 million a year ago.

Net income was PHP 227.37 million compared to PHP 292.06 million a year ago. Basic earnings per share from continuing operations was PHP 0.79 compared to PHP 1.07 a year ago. Diluted earnings per share from continuing operations was PHP 0.79 compared to PHP 1.07 a year ago.