Viagold Capital Ltd. Reports Unaudited Consolidated Earnings Results for the Year Ended March 31, 2016
Viagold Capital Ltd. reported unaudited consolidated earnings results for the year ended March 31, 2016. For the year, turnover was AUD 816,000 against AUD 748,000 a year ago. Loss before income tax was AUD 1,198,000 against AUD 1,084,000 a year ago. Loss for the year attributable to equity holders of the Company was AUD 1,214,000 against AUD 1,038,000 a year ago. Loss per share attributable to the equity holders of the Company – Basic was AUD 0.04 against AUD 0.03 a year ago. Net cash used in operating activities was AUD 112,000 against AUD 650,000 a year ago. Acquisition of fixed assets was AUD 491,000 against AUD 726,000 a year ago. Net tangible assets backing per ordinary security as at March 31, 2016 was AUD 0.05 against AUD 0.06 a year ago.