Verde Resources, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2020
February 19, 2021 at 12:47 pm EST
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Verde Resources, Inc. announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced operating loss was USD 34,512 compared to USD 30,669 a year ago. Net loss was USD 30,824 compared to USD 27,939 a year ago. Basic loss per share from continuing operations was USD 0.0003 compared to USD 0.0002 a year ago. For the half year, operating loss was USD 98,792 compared to USD 180,046 a year ago. Net loss was USD 91,806 compared to USD 174,767 a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.002 a year ago. Diluted loss per share from continuing operations was USD 0.0008 compared to USD 0.0015 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. 