Apc Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 08:36 pm EDT
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APC Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 297,374 compared to PHP 92,772 a year ago. Net loss was PHP 1.522 million compared to PHP 1.907 million a year ago. For the half year, total revenue was PHP 341,661 compared to PHP 1.175 million a year ago. Net loss was PHP 3.934 million compared to PHP 3.728 million a year ago. Basic loss per share from continuing operations was PHP 0.000532 compared to PHP 0.000498 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. 
