Apollo Global Capital, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022 at 12:06 am EDT
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Apollo Global Capital, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was PHP 18.41 million compared to PHP 30.62 million a year ago. Basic loss per share from continuing operations was PHP 0.00006 compared to PHP 0.00011 a year ago.
For the nine months, net loss was PHP 55.26 million compared to PHP 46.94 million a year ago. Basic loss per share from continuing operations was PHP 0.00019 compared to PHP 0.00017 a year ago.
Apollo Global Capital, Inc. is a Philippines-based holding company, which is to invest in, purchase, or otherwise acquire and own, hold, use, sell, assign, transfer, lease, mortgage, guarantee, exchange, develop, or otherwise dispose of real or personal property of every kind and description. The Company, through its subsidiary, JDVC Resources Corporation (JDVC), is engaged in the business of mining. JDVC is focused on exploring, prospecting and operating mines and quarries of all kinds of ores and minerals, metallic and non-metallic, such as nickel, iron, gold, copper, silver, lead, manganese, chromite, molybdenite pyrite, sulfur, silica, kaolin clay, zeolite, perlite, diatomaceous earth, diorite, basalt, gabbro, coal, hydrocarbons, oil and natural gas. The Company is engaged in offshore mining activities in Cagayan.