Orosur Mining Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended November 30, 2013
For the six months, the company's revenue was $43.3 million compared with $50.5 million a year ago. Net income after tax was $2.5 million or $0.03 per basic and diluted share compared with $3.5 million or $0.05 per basic and diluted share a year ago. Net cash generated from operating activities was $12.3 million compared with $3.7 million a year ago. As on November 30, 2013, cash net of debt was $2.01 million. Profit before income tax was $4.6 million compared with $3.5 million a year ago. Purchase of property, plant and equipment and development costs was $1.9 million compared with $11.6 million a year ago.