Solar Philippines posts earnings report from Q3/21 showing (of course) no profitsThe PSE’s newest renewable energy company, Solar Philippines [SPNEC 1.60 0.6%], joined the exchange in mid-December of 2021, so this earnings report covers a period for which SPNEC was not technically a public company. There’s just not a lot to see in a report like this for a non-operational company. On the other hand, though, the PSE is absolutely filled with non-operational companies that produce quarterly report after quarterly report, showing zero non-interest revenue and posting (predictable) net losses. --Merkado Barkada is a free daily newsletter on the PSE, investing and business in the Philippines. Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock.

Source: Philippine Star January 19, 2022 01:07 UTC