Oriental Peninsula Resources Group, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 19, 2021 at 09:51 pm EDT
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Oriental Peninsula Resources Group, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 875.389 million compared to negative total revenue of PHP 13.113 million a year ago. Net income was PHP 61.908 million compared to net loss of PHP 63.819 million a year ago. Basic earnings per share from continuing operations was PHP 0.022 compared to basic loss per share from continuing operations of PHP 0.022 a year ago. For the half year, total revenue was PHP 1,937.371 million compared to PHP 79.976 million a year ago. Net income was PHP 229.403 million compared to net loss of PHP 177.158 million a year ago. Basic earnings per share from continuing operations was PHP 0.08 compared to basic loss per share from continuing operations of PHP 0.062 a year ago.
Oriental Peninsula Resources Group, Inc. is a Philippines-based investment holding company. The Company is engaged in the mining and exploration of nickel saprolite and limonite ores. It owns approximately 99% in Citinickel Mines and Development Corp., which has two mining sites located in the municipality of Narra and Sofronio Espanola, both in Palawan is primarily engaged to prospect, explore, locate, acquire, hold, work, develop, lease, operate and exploit mineral lands for chromite, copper, manganese, magnesite, silver, gold, and other mineral products.
ORIENTAL PENINSULA RESOURCES GROUP, INC. 
