APC Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 10:34 pm EST
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APC Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was PHP 0.048435 million compared to PHP 0.025753 million a year ago. Net loss was PHP 0.78251 million compared to PHP 1.86 million a year ago.
For the nine months, revenue was PHP 0.439471 million compared to PHP 0.367414 million a year ago. Net loss was PHP 2.47 million compared to PHP 5.79 million a year ago. Basic loss per share from continuing operations was PHP 0.000329 compared to PHP 0.000772 a year ago.
APC Group, Inc. is a Philippines-based holding company. The Company has investments in energy-related projects, mining and a cement project. The Companyâs subsidiaries include Aragorn Power and Energy Corporation, APC Energy Resources, Inc., APC Mining Corporation, APC Cement Corporation and Energy Resources Inc. (PRC-Magma). Aragorn Power and Energy Corporation is a pre-operating stage company, which is engaged in energy resource exploration and development. APC Energy Resources, Inc. is a pre-operating stage company, which explores, develops and utilizes renewable energy resources. APC Mining Corporation is engaged in energy and cement projects. APC Cement Corporation is established to engage in the manufacture of cement. PRC-Magma is a pre-operating stage company, which is engaged in the business of exploration, development and processing of renewable and non-renewable energy resources.
APC GROUP, INC. 
