Imperial Resources Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 11:32 am IST
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Imperial Resources Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the nine months, the company reported loss from operations of PHP 4,551,424 compared to PHP 4,799,552 a year ago. Loss for the period attributable to parent equity holder of PHP 4,549,884 compared to PHP 4,797,661 a year ago. Loss per share was PHP 0.007 compared to PHP 0.007 a year ago.
For the quarter, the company reported loss from operations of PHP 1,575,117 against PHP 1,585,257 a year ago. Loss for the quarter attributable to parent equity holder of PHP 1,574,604 compared to PHP 1,584,812 a year ago. Loss per share was PHP 0.002 compared to PHP 0.002 a year ago.
Imperial Resources, Inc. is a Philippines-based company, which is in the exploration and evaluation stages of mineral resources. The Company is engaged in the exploration, exploitation, development and operation of the mining concessions in Indonesia. The primary purpose of the Company is to carry on the business of operating coal mines, and of prospecting, exploration and of mining, milling, concentrating, converting, smelting, treating, refining, preparing for market, manufacturing, buying, selling, exchanging, and producing, and dealing in all kinds of ores, metals and minerals, asphalt-bitumen, hydrocarbons, acids and chemicals, and in the products and by-products. The Company operates through a single segment, mining business.
IMPERIAL RESOURCES, INCORPORATED 
