ARGO EXPLORATION LIMITED Argo Exploration Limited announced earnings results for the half-year ended December 31, 2014. For the period, revenue was AUD 703 against AUD 1,569 a year ago. Loss before income tax expense was AUD 619,699 against profit before income tax expense of AUD 440,551 a year ago.
Loss after income tax expense for the half-year attributable to the owners of the company was AUD 619,699 or 0.49 cents per basic and diluted share against profit after income tax expense for the half-year attributable to the owners of the company of AUD 440,551 or 0.35 cents per basic and diluted share a year ago. Net cash used in operating activities was AUD 45,624 against AUD 99,288 a year ago. Payments for exploration and evaluation were AUD 989 against AUD 6,683 a year ago.
