GB Energy Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2016
March 03, 2017 at 12:51 am
GB Energy Limited reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company's loss before income tax was AUD 246,522 compared to AUD 168,711 a year ago. Loss after tax from continuing operations was AUD 246,522 compared to AUD 168,711 a year ago. Net loss was AUD 246,522 compared to AUD 168,711 a year ago. Diluted and basic loss per share was 0.027 cents compared to 0.019 cents a year ago. Net cash outflow from operating activities was AUD 164,493 compared to AUD 138,582 a year ago. Payments for exploration and evaluation expenditure were AUD 97,967 compared to AUD 40,030 a year ago.