Imperial Resources, Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021 at 08:12 am IST
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Imperial Resources, Incorporated announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced operating loss was PHP 1.427 million compared to PHP 1.304 million a year ago. Net loss was PHP 1.426 million compared to PHP 1.303 million a year ago. Basic loss per share from continuing operations 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.