Forum Pacific, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 09:20 pm
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Forum Pacific, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was PHP 321,350 compared to PHP 296,194 a year ago. Net loss was PHP 364,330 compared to PHP 240,732 a year ago. Basic loss per share from continuing operations was PHP 0.0003 compared to PHP 0.0002 a year ago. For the half year, operating loss was PHP 879,458 compared to PHP 831,430 a year ago. Net loss was PHP 1.039 million compared to PHP 883,658 a year ago. Basic loss per share from continuing operations was PHP 0.0009 compared to PHP 0.0008 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. 
