Oriental Peninsula Resources Group, Inc. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 19, 2018 at 08:58 pm EST
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Oriental Peninsula Resources Group, Inc. announced consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, revenues were PHP 442,959,088 against PHP 257,971,702 a year ago. Profit before tax was PHP 47,788,067 against loss before tax of PHP 49,716,392 a year ago. Profit attributable to parent equity holders was PHP 36,544,974 against loss attributable to parent equity holders of PHP 48,896,732 a year ago. Earnings per share attributable to equity holders of the parent company was PHP 0.013 against loss per share attributable to equity holders of the parent company of PHP 0.017 a year ago.
For the nine months, the company reported revenues were PHP 1,126,339,929 against PHP 1,377,484,250 a year ago. Income before tax was PHP 174,151,738 against PHP 330,442,776 a year ago. Income attributable to parent equity holders was PHP 149,663,904 against PHP 325,939,079 a year ago. Earnings per share attributable to equity holders of the parent company were PHP 0.052 against loss per share attributable to equity holders of the parent company of PHP 0.113 a year ago.
Oriental Peninsula Resources Group, Inc. is a Philippines-based investment holding company. The Company is engaged in the mining and exploration of nickel saprolite and limonite ores. It owns approximately 99% in Citinickel Mines and Development Corp., which has two mining sites located in the municipality of Narra and Sofronio Espanola, both in Palawan is primarily engaged to prospect, explore, locate, acquire, hold, work, develop, lease, operate and exploit mineral lands for chromite, copper, manganese, magnesite, silver, gold, and other mineral products.
ORIENTAL PENINSULA RESOURCES GROUP, INC. 