Verde Resources, Inc. Reports Earnings Results for the Full Year Ended June 30, 2019
October 11, 2019 at 01:41 pm EDT
Share
Verde Resources, Inc. announced earnings results for the full year ended June 30, 2019. For the full year, the company announced sales was USD 12,036 compared to USD 73,939 a year ago. Operating loss was USD 173,991 compared to USD 428,494 a year ago. Net income was USD 94,262 compared to net loss of USD 305,829 a year ago. Basic earnings per share from continuing operations was USD 0.001 compared to basic loss per share from continuing operations of USD 0.003 a year ago. Diluted earnings per share from continuing operations was USD 0.0008 compared to diluted loss per share from continuing operations of USD 0.003 a year ago.
Verde Resources, Inc. is engaged in the sale of gold minerals, distribution of tetrahydrocannabinol (THC)-free cannabinoid (CBD) products, production and distribution of renewable commodities and real property holding. The Company is involved in the business of gold exploration and mining through Champmark Sdn. Bhd. (CSB), and in the production and distribution of renewable commodities through Verde Resources (Malaysia) Sdn. Bhd. The Company is also engaged in investment opportunities in other non-mining areas, including the bioenergy industry, real properties, and the food and beverage sector. The Companyâs wholly owned subsidiaries also include Verde Resources Asia Pacific Limited, Verde Renewables, Inc., Verde Life Inc., The Wision Project Sdn Bhd and Verde Estates LLC.
VERDE RESOURCES, INC. 
