Geograce 9-month loss widens by 122 percent

By Brix Lelis

Oct 31, 2023 12:18 am

LISTED holding firm Geograce Resources Philippines Inc. saw its net loss in the nine months ending September 2023 more than double to P2.17 million from P980,000 a year earlier.

The 122.14-percent increase in its loss was driven by general and administrative expenses, which surged to P2.49 million from P980,000, the company said in a report over the weekend.

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