Waterfront Philippines, Incorporated reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 504.8 million compared to PHP 339.67 million a year ago. Revenue was PHP 491.44 million compared to PHP 353.77 million a year ago. Net loss was PHP 15.11 million compared to net income of PHP 103.87 million a year ago. Basic loss per share from continuing operations was PHP 0.006 compared to basic earnings per share from continuing operations of PHP 0.042 a year ago.
For the six months, sales was PHP 837.34 million compared to PHP 613.44 million a year ago. Revenue was PHP 862.49 million compared to PHP 639.67 million a year ago. Net income was PHP 84.5 million compared to PHP 148.42 million a year ago. Basic earnings per share from continuing operations was PHP 0.034 compared to PHP 0.059 a year ago.