Imperial Resources, Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 02:36 am
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Imperial Resources, Incorporated reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was PHP 0.000376 million compared to PHP 0.000228 million a year ago. Net loss was PHP 1.33 million compared to PHP 1.37 million a year ago. Basic loss per share from continuing operations was PHP 0.002 compared to PHP 0.002 a year ago.
For the six months, revenue was PHP 0.000562 million compared to PHP 0.000439 million a year ago. Net loss was PHP 2.86 million compared to PHP 2.8 million a year ago. Basic loss per share from continuing operations was PHP 0.004 compared to PHP 0.004 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 
