Waterfront Philippines, Incorporated reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 332.54 million compared to PHP 273.76 million a year ago. Revenue was PHP 371.05 million compared to PHP 285.91 million a year ago.

Net income was PHP 99.61 million compared to PHP 56.2 million a year ago. Basic earnings per share from continuing operations was PHP 0.04 compared to PHP 0.022 a year ago. Diluted earnings per share from continuing operations was PHP 0.04 compared to PHP 0.022 a year ago.