Mackwoods Energy PLC Announces Earnings Results for the Second Quarter and Six Months Ended September 30, 2018
December 11, 2018 at 06:20 am EST
Mackwoods Energy PLC announced earnings results for the second quarter and six months ended September 30, 2018. For the quarter, the company reported turnover of LKR 207,000 against LKR 1,085,815 a year ago. Loss from operations was LKR 8,571,263 against LKR 3,562,955 a year ago. Loss before taxation was LKR 4,357,400 against profit of LKR 755,315 a year ago. Net loss for the period was LKR 5,242,756 or LKR 0.05 per basic share against LKR 150,955 or LKR 0.00 per basic share a year ago.
For the six months, the company reported turnover of LKR 566,373 against LKR 3,497,405 a year ago. Loss from operations was LKR 17,568,492 against LKR 7,770,664 a year ago. Loss before taxation was LKR 9,166,917 against profit of LKR 861,817 a year ago. Net loss for the period was LKR 10,928,257 or LKR 0.11 per basic share against LKR 939,384 or LKR 0.01 per basic share a year ago.