Apc Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
June 28, 2020 at 07:37 pm EDT
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APC Group, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced net loss was PHP 1.821 million compared to PHP 914,698 a year ago. Basic loss per share was PHP 0.000243. Basic loss per share from continuing operations was PHP 0.000243.
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.