Sequa Petroleum NV Reports Consolidated Earnings Results for the Six Months Ended June 30, 2016
August 31, 2016 at 01:25 pm EDT
Sequa Petroleum NV reported consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported loss before taxation was USD 27,349,000 against USD 3,935,000 a year ago. Loss for the period attributable to equity shareholders was USD 19,625,000 against USD 12,140,000 a year ago. Net cash flows used in operating activities was USD 15,123,000 against USD 14,491,000 a year ago. Purchase of intangible non-current assets was USD 9,000 against USD 4,466,000 a year ago.