Apex Mining Co., Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 29, 2021 at 11:20 pm EDT
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Apex Mining Co., Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 1,538.221 million compared to PHP 825.114 million a year ago. Net income was PHP 210.049 million compared to PHP 192.595 million a year ago. Basic earnings per share from continuing operations was PHP 0.037 compared to PHP 0.034 a year ago. For the half year, total revenue was PHP 3,086.480 million compared to PHP 2,011.583 million a year ago. Net income was PHP 488.862 million compared to PHP 312.127 million a year ago. Basic earnings per share from continuing operations was PHP 0.086 compared to PHP 0.055 a year ago.
Apex Mining Co., Inc. is a Philippines-based company, which is engaged in the business of mining, milling, concentrating, converting, smelting, treating, preparing for the market, manufacturing, buying, selling, exchanging, and otherwise producing and dealing in gold, silver, copper, lead, zinc brass, iron, steel and all kinds of ores, metals and minerals. It operates the Maco Mines in Maco, Davao De Oro. Maco Gold Mine is situated in the municipalities of Maco and Mabini. It holds interests in Monte Oro Resources & Energy, Inc. (MORE), which owns Paracale Gold Ltd., which owns Coral Resources Philippines Inc., which in turn owns a mineral processing plant in Jose Panganiban, in Camarines Norte, and Bulawan Mineral Resources Corporation. It also holds interest in Itogon-Suyoc Resources, Inc., which is a subsidiary of the Company, which consists of the Sangilo Mine in Itogon and the Suyoc Mine in Mankayan, both located in Benguet Province, and the Benit Claim in Labo, Camarines Norte.
APEX MINING CO., INC. 
