Apollo Global Capital, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 19, 2020 at 03:37 am
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Apollo Global Capital, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was PHP 1.285 million compared to PHP 2.463 million a year ago. Net loss was PHP 1.178 million compared to PHP 2.031 million a year ago. Basic loss per share was PHP 0.00002 compared to PHP 0.00002 a year ago. For the half year, operating loss was PHP 5.298 million compared to PHP 4.741 million a year ago. Net loss was PHP 4.950 million compared to PHP 4.969 million a year ago. Basic loss per share was PHP 0.00002 compared to PHP 0.00002 a year ago.
Apollo Global Capital, Inc. is a Philippines-based holding company, which is to invest in, purchase, or otherwise acquire and own, hold, use, sell, assign, transfer, lease, mortgage, guarantee, exchange, develop, or otherwise dispose of real or personal property of every kind and description. The Company, through its subsidiary, JDVC Resources Corporation (JDVC), is engaged in the business of mining. JDVC is focused on exploring, prospecting and operating mines and quarries of all kinds of ores and minerals, metallic and non-metallic, such as nickel, iron, gold, copper, silver, lead, manganese, chromite, molybdenite pyrite, sulfur, silica, kaolin clay, zeolite, perlite, diatomaceous earth, diorite, basalt, gabbro, coal, hydrocarbons, oil and natural gas. The Company is engaged in offshore mining activities in Cagayan.