Apc Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 10:13 pm EDT
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APC Group, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was PHP 92,772 compared to PHP 1.232 million a year ago. Net loss was PHP 1.912 million compared to PHP 1.087 million a year ago. For the half year, total revenue was PHP 1.175 million compared to PHP 2.824 million a year ago. Net loss was PHP 3.728 million compared to PHP 2.002 million a year ago. Basic loss per share was PHP 0.000498 compared to PHP 0.000268 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. 
