Unioil Resources & Holdings Company, Inc. announced consolidated and parent earnings results for the first quarter ended March 31, 2014. For the quarter, on consolidated basis, rental revenue was PHP 1,126,806 against PHP 913,234 a year ago. Net operating loss was PHP 1,974,552 against PHP 4,932,924 a year ago. Net loss before minority interest from operations was PHP 1,835,397 against PHP 811,743 a year ago. Net loss for the year was PHP 1,835,397 against PHP 811,743 a year ago. Loss per diluted and basic share was PHP 0.00119 against PHP 0.00052 a year ago. Net cash used in operating activities was PHP 6,297,884 against PHP 727,260 a year ago.

For the quarter, on parent basis, rental revenue was PHP 94,849 against PHP 3,041 a year ago. Net loss before minority interest from operations was PHP 794,450 against PHP 388,841 a year ago. Net loss for the year was PHP 794,450 against PHP 388,841 a year ago. Loss per diluted and basic share was PHP 0.00051 against PHP 0.00025 a year ago. Net cash used in operating activities was PHP 735,701 against PHP 310,926 a year ago.