Oriental Peninsula Resources Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 14, 2021 at 10:04 pm EST
Share
Oriental Peninsula Resources Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was PHP 602.55 million compared to PHP 231.56 million a year ago. Net income was PHP 57.23 million compared to net loss of PHP 3.36 million a year ago. Basic earnings per share from continuing operations was PHP 0.02.
For the nine months, revenue was PHP 2,539.93 million compared to PHP 311.54 million a year ago. Net income was PHP 286.63 million compared to net loss of PHP 180.52 million a year ago. Basic earnings per share from continuing operations was PHP 0.1 compared to basic loss per share from continuing operations of PHP 0.063 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. 
