Forum Pacific, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 17, 2020 at 06:33 am IST
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Forum Pacific, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was PHP 265,000 compared to PHP 286,341 a year ago. Net loss was PHP 174,373 compared to PHP 367,430 a year ago. Basic loss per share from continuing operations was PHP 0.0001 compared to PHP 0.0003 a year ago. For the nine months, operating loss was PHP 1.096 million compared to PHP 1.132 million a year ago. Net loss was PHP 1.058 million compared to PHP 1.226 million a year ago. Basic loss per share from continuing operations was PHP 0.0009 compared to PHP 0.001 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. 