Apc Group, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 07:32 pm EST
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APC Group, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was PHP 40,007 compared to PHP 1.170 million a year ago. Net loss was PHP 1.003 million compared to PHP 1.061 million a year ago. For the nine months, total revenue was PHP 1.215 million compared to PHP 3.995 million a year ago. Net loss was PHP 4.733 million compared to PHP 3.061 million 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. 
