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For the six months ended 31 December 2020, ChinaMagnesium Corp Ltd revenues decreased 97% to A$1K. Net lossdecreased 25% to A$716K. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsEmployee benefits expense decrease of 21% to A$357K(expense), Travel expenses decrease from A$67K (expense) toA$0K.
Period Ending: | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Total Revenue | 0 | 0.03 | 0.03 | 1.2 |
Gross Profit | 0.03 | 0.2 | ||
Operating Income | -0.7 | -0.83 | -0.87 | -10.58 |
Net Income | -0.72 | -0.79 | -0.95 | -10.05 |
Period Ending: | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Total Assets | 15.12 | 15.78 | 16.46 | 15.92 |
Total Liabilities | 10.48 | 10.39 | 10.21 | 9.97 |
Total Equity | 4.64 | 5.38 | 6.24 | 5.95 |
Period Ending: | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.1 | -0.75 | -0.64 | -3.04 |
Cash From Investing Activities | 0 | -0.32 | -0.21 | -2.27 |
Cash From Financing Activities | 0 | 1.08 | 1.17 | 4.54 |
Net Change in Cash | -0.1 | 0.01 | 0.33 | -0.75 |
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