Forum Pacific, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 16, 2020 at 10:19 pm
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Forum Pacific, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was PHP 296,194 compared to PHP 321,771 a year ago. Net loss was PHP 240,732 compared to PHP 247,419 a year ago. Basic loss per share was PHP 0.0002 compared to PHP 0.0002 a year ago. For the half year, operating loss was PHP 831,430 compared to PHP 846,101 a year ago. Net loss was PHP 883,658 compared to PHP 859,386 a year ago. Basic loss per share was PHP 0.0008 compared to PHP 0.0007 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. 