CO2 Solutions Inc. Announces Earnings Results for the First Quarter Ended Sep. 30, 2017
CO2 Solutions Inc. announced earnings results for the first quarter ended Sep. 30, 2017. The Corporation recorded $0.02 million in revenues for the three-month period ended September 30, 2017 related to a preliminary engineering study performed during the period. The Corporation had no revenues for the same period in 2016. Net loss for the three-month period ended September 30, 2017 decreased by $0.65 million from the same period last year to $0.74 million, reflecting the increase in government assistance relating to the Saint-Félicien and VCQ projects, partially offset by the increase in research and development expenses associated with these same projects.