GB Energy Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2016
March 03, 2017 at 12:51 am EST
GB Energy Limited reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company's loss before income tax was AUD 246,522 compared to AUD 168,711 a year ago. Loss after tax from continuing operations was AUD 246,522 compared to AUD 168,711 a year ago. Net loss was AUD 246,522 compared to AUD 168,711 a year ago. Diluted and basic loss per share was 0.027 cents compared to 0.019 cents a year ago. Net cash outflow from operating activities was AUD 164,493 compared to AUD 138,582 a year ago. Payments for exploration and evaluation expenditure were AUD 97,967 compared to AUD 40,030 a year ago.