Century Peak Metals Holdings Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018
August 14, 2018 at 11:22 am IST
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Century Peak Metals Holdings Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported loss before other charges was PHP 22,900,109 compared to PHP 39,415,265 a year ago. Loss before income tax was PHP 23,250,166 compared to PHP 39,699,089 a year ago. Net Loss attributable to equity holders of the parent company was PHP 22,627,759 compared to PHP 36,540,202 a year ago. Loss of PHP 0.008 per basic and diluted share compared to PHP 0.0130 per basic and diluted share a year ago.
For the six months, the company reported loss before other charges was PHP 40,517,989 compared to PHP 69,461,245 a year ago. Loss before income tax was PHP 41,153,556 compared to PHP 69,794,707 a year ago. Net Loss attributable to equity holders of the parent company was PHP 38,789,377 compared to PHP 66,321,564 a year ago. Loss of PHP 0.0138 per basic and diluted share compared to PHP 0.0235 per basic and diluted share a year ago. Net cash used in operating activities was PHP 73,752,383 compared to PHP 12,229,823 a year ago. Acquisition of property and equipment was PHP 24,819,864 compared to PHP 13,250,475 a year ago.
Century Peak Holdings Corporation is a Philippines-based company, which is engaged in promoting, operating, managing, holding, acquiring, or investing in corporations or entities that are engaged in mining activities or mining-related activities. Its segments include the mining segment, the cement manufacturing segment, and the holding segment. Its subsidiaries include Century Peak Corporation (CPC), Century Peak Mineral Development Corporation, Century Peak Cement Manufacturing Corporation (CPCMC), Century Sidewide Smelting Incorporated, Century HuaGuang Smelting Incorporated (CHGSI), and Century Summit Carrier, Inc. CPC and CHGSI are engaged in operating and mining of mineral resources in the Philippines such as iron, ore, copper, gold, silver, lead, manganese, and others. The Company has two projects: The Dinagat Mining Project and The Cement and Lime Stone Project. Its Cement and Lime Stone Project includes approximately 4,795 hectares in Pinamungahan, Cebu to mine limestone.
CENTURY PEAK HOLDINGS CORPORATION 
