Feronia Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 29, 2019 at 05:37 pm EST
Feronia Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 7.713 million compared to USD 6.880 million a year ago. Operating loss was USD 1.632 million compared to operating Income of USD 210,211 a year ago. Net loss was USD 1.961 million compared to USD 1.746 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.004 a year ago. For the nine months, sales was USD 23.659 million compared to USD 19.869 million a year ago. Operating loss was USD 2.455 million compared to USD 1.128 million a year ago. Net loss was USD 3.302 million compared to USD 4.654 million a year ago. Basic loss per share from continuing operations was USD 0.005 compared to USD 0.01 a year ago.