Sirius Petroleum plc Reports Consolidated Audited Earnings Results for the Year Ended December 31, 2017
Sirius Petroleum plc reported consolidated audited earnings results for the year ended December 31, 2017. For the year, the company reported loss from operations of $2,147,000 against $1,378,000 a year ago. Loss before and after taxation and loss attributable to the equity holders of the company was $2,269,000 against $2,172,000 a year ago. Loss per share total basic and diluted was 0.09 cents against 0.11 cents a year ago. Net cash outflow from operating activities from continuing operations was $2,315,000 against $1,563,000 a year ago. Investment in intangibles was $3,525,000 against $781,000 a year ago. Purchase of property, plant and equipment was $1,000.