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For the six months ended 30 June 2017, Petrowest Corp revenues decreased 28% to C$49.9M. Net income before extraordinary items totaled C$1.6M vs. loss of C$8.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Operating expenses decrease of 35% to C$41.7M (expense), Amortization of Tangibles Assets decrease of 61% to C$5M (expense).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 20.82 | 29.11 | 34 | 45.74 |
Gross Profit | ||||
Operating Income | 0.4 | 2.67 | -15.98 | -2.58 |
Net Income | -2.95 | -3.29 | -26.81 | -3.02 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 134.32 | 114.83 | 122.4 | 157.79 |
Total Liabilities | 104.88 | 83.9 | 88.27 | 96.91 |
Total Equity | 29.44 | 30.93 | 34.13 | 60.88 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -7.79 | 8.96 | 9.4 | -2.05 |
Cash From Investing Activities | 6.04 | -1.21 | -1.5 | 5.04 |
Cash From Financing Activities | 1.74 | -7.76 | -7.91 | -3 |
Net Change in Cash | 0 | 0 | 0 | 0 |
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