Aluworks Limited Reports Earnings Results for the Nine Months Ended September 30, 2017
Aluworks Limited reported earnings results for the nine months ended September 30, 2017. For the period, the company's revenue was GHC 68,300,000 compared to GHC 51,926,000 a year ago. Loss from operating activities before finance cost was GHC 996,000 compared to results of GHC 1,117,000 a year ago. Loss before income taxation was GHC 15,122,000 compared to GHC 11,293,000 a year ago. Loss for the period was GHC 15,122,000 compared to GHC 11,293,000 a year ago. Diluted loss per share was GHC 0.0536 compared to GHC 0.0400 a year ago. Net cash used on operating activities was GHC 994,000 compared to GHC 1,270,000 a year ago. Purchase of property, plant and equipment was GHC 723,000 compared to GHC 628,000 a year ago.