Apollo Global Capital, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 07:42 am IST
Share
Apollo Global Capital, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was PHP 20.46 million compared to PHP 7.55 million a year ago. Basic loss per share from continuing operations was PHP 0.00007 compared to PHP 0.00003 a year ago.
For the six months, net loss was PHP 36.85 million compared to PHP 16.31 million a year ago. Basic loss per share from continuing operations was PHP 0.00013 compared to PHP 0.00006 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.