Pldt Inc   (PHI)
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services

Sharp deterioration in Earnings per Share at the PHI in financial fourth quarter of 2022

company recorded fourth quarter of 2022 operating deficit of $-105.18164435946 million

Published Mar 25 2023
Goran Soko / CSIMarket.com Contributer

Sikh_wearing_turban_By_Photography_by_Harkanwal_Singh._(Harkanwal_Singh)__[CC-BY-SA-2.5_(http_creativecommons.org_licenses_by-sa_2.5)]_via_Wikimedia_CommonPHI recorded different earnings in the financial fourth quarter of 2022, where Revenue inched up by 6.203 % to $3.92 billion relative to $3.70 billion on a year-over-year basis, while EPS dived by -60.36 % to $0.92 per share, as a comparison to $2.33 in the prior year reporting season.

from $0.00 million in preceding period, from $0.00 per share.

Net earnings of $205.258 million in the financial fourth quarter of 2022 fell by -59.76 % from $510.057 million in the corresponding period a year before. Pldt Inc shifted it's focus on improving sales in the financial fourth quarter of 2022, as a result net margin eased to 5.23%.
Observing deeper the financial results for the financial 12 Months 2022, company disclosed revenue of $3.92 billion and net earnings of $205.26 million.

Communications Services company noticed also, that Income per share faded by -60.36 % to $0.92 per share from $2.33 in the prior financial 12 Months , told further, that revenue increased by 6.2 % from $3.70 billion a year ago.

Pldt Inc is expected to report next financial earnings on March 23, 2024.

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