Forum Pacific, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 11:37 pm
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Forum Pacific, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced operating loss was PHP 321,771 compared to PHP 272,341 a year ago. Net loss was PHP 247,419 compared to PHP 424,413 a year ago. Basic loss per share was PHP 0.0002 compared to PHP 0.0004 a year ago. For the half year, operating loss was PHP 846,101 compared to PHP 1.048 million a year ago. Net loss was PHP 859,386 compared to PHP 1.504 million a year ago. Basic loss per share was PHP 0.0007 compared to PHP 0.0013 a year ago.
Forum Pacific, Inc. is a Philippines-based company engaged in scientific and geological research into energy (geothermal and coal), oil, and natural gas. The Company is engaged in investing, purchasing and acquiring assets of any kind and is also engaged in the exploration, development and production of petroleum and related products as well as other mineral and chemical substances. The Company is also considering investing in potential renewable energy sources like solar power, ethane, biofuels, hydro, wind, and geothermal energy.
FORUM PACIFIC, INC. 