Verde Resources, Inc. Reports Earnings Results for the Full Year Ended June 30, 2020
October 22, 2020 at 08:58 am EDT
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Verde Resources, Inc. announced earnings results for the full year ended June 30, 2020. For the full year, the company announced operating loss was USD 309,402 compared to USD 173,991 a year ago. Net loss was USD 298,657 compared to net income of USD 94,262 a year ago. Basic loss per share from continuing operations was USD 0.003 compared to basic earnings per share from continuing operations of USD 0.001 a year ago. Diluted loss per share from continuing operations was USD 0.0026 compared to diluted earnings per share from continuing operations of USD 0.0008 a year ago.
Verde Resources, Inc. is engaged in the sale of gold minerals, distribution of tetrahydrocannabinol (THC)-free cannabinoid (CBD) products, production and distribution of renewable commodities and real property holding. The Company is involved in the business of gold exploration and mining through Champmark Sdn. Bhd. (CSB), and in the production and distribution of renewable commodities through Verde Resources (Malaysia) Sdn. Bhd. The Company is also engaged in investment opportunities in other non-mining areas, including the bioenergy industry, real properties, and the food and beverage sector. The Companyâs wholly owned subsidiaries also include Verde Resources Asia Pacific Limited, Verde Renewables, Inc., Verde Life Inc., The Wision Project Sdn Bhd and Verde Estates LLC.
VERDE RESOURCES, INC. 