NuCoal Resources Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2016
March 14, 2017 at 06:44 pm EDT
NuCoal Resources Limited reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company reported other income of AUD 115,000 compared to AUD 383,000 a year ago. Loss before income tax was AUD 1,030,000 compared to AUD 7,714,000 a year ago. Loss attributable to equity holders of the company was of AUD 1,030,000 or AUD 0.13 per diluted share compared to AUD 7,714,000 or AUD 1.00 per diluted share a year ago. Net cash outflow from operating activities were of AUD 1,344,000 compared to AUD 863,000 a year ago. Payments for exploration and evaluation were of AUD 4,000.