Apc Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
May 05, 2020 at 08:49 pm
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APC Group, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was PHP 4.971 million compared to PHP 3.848 million a year ago. Net loss was PHP 5.274 million compared to PHP 11.470 million a year ago. Basic loss per share was PHP 0.000703 compared to PHP 0.001528 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.