RM2 International S.A. Reports Audited Consolidated Earnings Results for Year Ended December 31, 2017
May 21, 2018 at 02:00 am EDT
RM2 International S.A. reported audited consolidated earnings results for year ended December 31, 2017. For the year, the company reported continuing operations revenue of USD 6,557,044 against USD 8,882,129 a year ago. Operating loss was USD 42,875,408 against USD 52,057,676 a year ago. Loss before tax was USD 43,638,330 against USD 52,887,003 a year ago. Loss for the year attributable to equity holders of the parent was USD 43,857,024 or USD 0.11 per basic and diluted share against USD 52,813,638 or USD 0.13 per basic and diluted share a year ago. Net cash flows used in operating activities USD 24,295,663 against USD 36,875,510 a year ago. Increase in intangible assets was USD 802 against USD 25,633 a year ago.