Petrolina Public Ltd. Announces Consolidated Earnings Results for the Year Ended December 31, 2017
Petrolina (Holdings) Public Ltd. announced consolidated earnings results for the year ended December 31, 2017. For the year, the company's turnover was EUR 391,497,536 against EUR 378,970,866 a year ago. Operating profit was EUR 5,102,232 against EUR 6,955,205 a year ago. Profit before taxation was EUR 4,682,920 against EUR 6,152,853 a year ago. Profit for the year was EUR 4,128,940 against EUR 5,356,783 a year ago. Profit attributable to Company's owners was EUR 4,070,583 against EUR 5,356,783 a year ago. Basic and fully diluted earnings per share were 4.72 cents per share against 6.12 cents per share a year ago. Net inflow of cash from operating activities was EUR 17,207,974 against net outflow of cash from operating activities of EUR 2,047,178 a year ago. Purchase of property, plant and equipment was EUR 7,284,913 against EUR 14,344,977 a year ago.