Imperial Resources, Incorporated Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019
May 15, 2019 at 01:24 pm IST
Share
Imperial Resources, Incorporated announced unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company announced interest income of PHP 1,604 compared to PHP 1,986 for the same period a year ago. Loss attributable to owners of the parent was PHP 1,568,447 compared to PHP 1,595,556 for the same period a year ago. Loss from operations was PHP 1,569,109 compared to PHP 1,596,138 for the same period a year ago. Loss per share was PHP 0.002 compared to PHP 0.002 for the same period 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.