Atok-Big Wedge Co., Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
May 16, 2021 at 10:10 pm EDT
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Atok-Big Wedge Co., Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net loss was PHP 10.414 million compared to PHP 49.393 million a year ago. Basic loss per share from continuing operations was PHP 0.004 compared to PHP 0.019 a year ago. Diluted loss per share from continuing operations was PHP 0.0041 compared to PHP 0.0194 a year ago.
Atok-Big Wedge Co., Inc. is a Philippines-based company, which is engaged in the business of exploration and development of mining, oil, gas, and natural resources. The Company operates through two segments: Mining, Exploration and Development, and Stock Transfer Agency. Its subsidiaries include AB Stock Transfer Corporation (ABSTC) and Tidemark Holdings Limited. Its ABSTC is engaged in establishing, operating, and acting as transfer agent and/or registrar of corporations. Tidemark Holdings Limited owns an approximately 20% interest in Forum Energy Ltd. Forum Energy Ltd is a gas & oil exploration and production company with a portfolio of projects in the Philippines. Among these projects is Service Contract No. (SC) 72 where Forum holds 70% equity.