Apollo Global Capital, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 12:25 am
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Apollo Global Capital, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was PHP 7.579 million compared to PHP 1.237 million a year ago. Net loss was PHP 7.551 million compared to PHP 1.415 million a year ago. Basic loss per share from continuing operations was PHP 0.00003 compared to PHP 0.00001 a year ago. For the half year, operating loss was PHP 16.244 million compared to PHP 5.354 million a year ago. Net loss was PHP 16.313 million compared to PHP 5.518 million a year ago. Basic loss per share from continuing operations was PHP 0.00006 compared to PHP 0.00002 a year ago.
Apollo Global Capital, Inc. is a Philippines-based holding company, which is to invest in, purchase, or otherwise acquire and own, hold, use, sell, assign, transfer, lease, mortgage, guarantee, exchange, develop, or otherwise dispose of real or personal property of every kind and description. The Company, through its subsidiary, JDVC Resources Corporation (JDVC), is engaged in the business of mining. JDVC is focused on exploring, prospecting and operating mines and quarries of all kinds of ores and minerals, metallic and non-metallic, such as nickel, iron, gold, copper, silver, lead, manganese, chromite, molybdenite pyrite, sulfur, silica, kaolin clay, zeolite, perlite, diatomaceous earth, diorite, basalt, gabbro, coal, hydrocarbons, oil and natural gas. The Company is engaged in offshore mining activities in Cagayan.