Imperial Resources, Incorporated Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 04:31 am IST
Share
Imperial Resources, Incorporated announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was PHP 1.373 million compared to PHP 1.374 million a year ago. Net loss was PHP 1.372 million compared to PHP 1.374 million a year ago. Basic loss per share from continuing operations was PHP 0.002. For the half year, operating loss was PHP 2.800 million compared to PHP 2.679 million a year ago. Net loss was PHP 2.799 million compared to PHP 2.677 million a year ago. Basic loss per share from continuing operations was PHP 0.004.
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.