Verde Resources, Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2021
May 21, 2021 at 07:18 am EDT
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Verde Resources, Inc. announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced sales was USD 14,326. Operating loss was USD 67,280 compared to USD 96,858 a year ago. Net loss was USD 66,008 compared to USD 93,472 a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.001 a year ago. Diluted loss per share from continuing operations was USD 0.0006 compared to USD 0.0008 a year ago. For the nine months, sales was USD 14,326. Operating loss was USD 166,072 compared to USD 276,904 a year ago. Net loss was USD 157,814 compared to USD 268,239 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 0.0014 compared to USD 0.0023 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. 
