KSK Power Ventur PLC Announces Unaudited Consolidated and Company Earnings Results for the Six Months Ended September 30, 2014
November 28, 2014 at 02:00 am EST
KSK Power Ventur PLC announced unaudited consolidated and company earnings results for the six months ended September 30, 2014. For the period, on consolidated basis, the company reported revenue of $175,855,000 compared to $150,675,000 a year ago. Operating profit was $28,624,000 compared to $30,364,000 a year ago. Loss before tax was $69,034,000 compared to $115,247,000 a year ago. Loss attributable to owners of the company was $44,600,000 or $0.25 per basic and diluted share compared to $63,198,000 or $0.40 per basic and diluted share a year ago. Net cash provided by operating activities was $38,706,000 compared to $13,238,000 a year ago. Purchase of property, plant and equipment and other noncurrent assets was $234,785,000 compared to $133,593,000 a year ago.
For the period, the company reported operating loss of $474,000 compared to $633,000 a year ago. Loss before tax was $2,128,000 compared to $2,600,000 a year ago. Loss attributable to owners of the company was $2,128,000 compared to $2,600,000 a year ago. Net cash provided by operating activities was $774,000 compared to $172,000 a year ago.