Atok-Big Wedge Co., Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:20 pm
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Atok-Big Wedge Co., Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net income was PHP 0.181315 million compared to net loss of PHP 0.56362 million a year ago. Basic earnings per share from continuing operations was PHP 0.0001 compared to basic loss per share from continuing operations of PHP 0.0002 a year ago.
Atok-Big Wedge Co., Inc. is a Philippines-based company, which is engaged in the business of exploration and development of mining, oil, gas, and natural resources. The Company operates through two segments: Mining, Exploration and Development, and Stock Transfer Agency. Its subsidiaries include AB Stock Transfer Corporation (ABSTC) and Tidemark Holdings Limited. Its ABSTC is engaged in establishing, operating, and acting as transfer agent and/or registrar of corporations. Tidemark Holdings Limited owns an approximately 20% interest in Forum Energy Ltd. Forum Energy Ltd is a gas & oil exploration and production company with a portfolio of projects in the Philippines. Among these projects is Service Contract No. (SC) 72 where Forum holds 70% equity.