APC Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 02:00 am EDT
Share
APC Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was PHP 0.319382 million compared to PHP 0.360098 million a year ago. Net loss was PHP 0.939775 million compared to PHP 0.223992 million a year ago.
For the six months, revenue was PHP 0.741904 million compared to PHP 0.391036 million a year ago. Net loss was PHP 1.63 million compared to PHP 1.68 million a year ago. Basic loss per share from continuing operations was PHP 0.000217 compared to PHP 0.000224 a year ago.
APC Group, Inc. is a Philippines-based holding company. The Company has investments in energy-related projects, mining and a cement project. The Companyâs subsidiaries include Aragorn Power and Energy Corporation, APC Energy Resources, Inc., APC Mining Corporation, APC Cement Corporation and Energy Resources Inc. (PRC-Magma). Aragorn Power and Energy Corporation is a pre-operating stage company, which is engaged in energy resource exploration and development. APC Energy Resources, Inc. is a pre-operating stage company, which explores, develops and utilizes renewable energy resources. APC Mining Corporation is engaged in energy and cement projects. APC Cement Corporation is established to engage in the manufacture of cement. PRC-Magma is a pre-operating stage company, which is engaged in the business of exploration, development and processing of renewable and non-renewable energy resources.
APC GROUP, INC. 
