Terrafina Announces Unaudited Consolidated Earnings Results for the Third Quarter Ended September 30, 2018
October 25, 2018 at 06:14 pm EDT
Terrafina announced unaudited consolidated earnings results for the third quarter ended September 30, 2018. For the quarter, the company reported, net revenues of USD 51.3 million against USD 45.5 million a year ago. Net operating income was USD 48.1 million against USD 41.4 million a year ago. EBITDA was USD 43.3 million against USD 37.2 million a year ago. Net Debt was USD 914.6 million against USD 895.3 million a year ago. Total capital expenditures were USD 3.1 million. Net profit for the period was USD 2.9 million against USD 14.0 million a year ago. Operating profit was USD 15.7 million against USD 26.0 million a year ago. Net cash generated from operating activities was USD 128,217,000. Funds from Operations was USD 31.2 million against USD 25.6 million a year ago. Adjusted Funds from Operations (AFFO) was USD 29.1 million against USD 23.0 million a year ago.