Silver Heritage Group Limited Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017; Provides Earnings Guidance for the Second Quarter Ended June 30, 2017 and for the Third Quarter of 2017
For the six months, the company reported net cash from operating activities of USD 888,000 and payments to acquire property, plant and equipment of USD 8,660,000.
For the third quarter of 2017, the company total estimated cash out flows of USD 12,500,000.
For the second quarter ended June 30, 2017, the company's total revenue is expected be approximately USD 4.09 million, and adjusted EBITDA is expected to be more than USD 500,000.