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_Common 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_Common](../news/img/communication/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_Common.jpg)
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.