Pacific Online Systems Corp. said it closed 2022 with a profit of P191 million after three years of consecutive losses.
In 2021, Pacific Online reported a loss of P140 million.
Revenues grew 22 percent to P519 million from P426 million.
Operating income was at P175 million compared to a loss of P117 million in 2022.
Pacific Online said it is declaring a P89.5 million cash dividend for shareholders as of March 15, 2023, at P0.10 per share.
It will be paid on March 28, 2023.
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