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For the six months ended 31 December 2017, South American Iron and Steel Corp Ltd revenues decreased 18% to A$21K. Net loss decreased 49% to A$149K. Revenues reflect Other Revenue decrease of 22% to A$20K. Lower net loss reflects Directors fees decrease from A$129K (expense) to A$0K, Doubtful debts recovered increase from A$14K to A$51K (income), Salaries and wages decrease from A$32K (expense) to A$0K.
Period Ending: | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.05 | 0.03 | 0.04 |
Gross Profit | ||||
Operating Income | -0.19 | -0.28 | -0.31 | -0.46 |
Net Income | -0.15 | -0.27 | -0.29 | -0.47 |
Period Ending: | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 0.31 | 0.35 | 0.16 | 0.28 |
Total Liabilities | 1.75 | 1.65 | 1.2 | 1.03 |
Total Equity | -1.44 | -1.3 | -1.04 | -0.74 |
Period Ending: | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 0.04 | -0.08 | -0.18 | -0.71 |
Cash From Investing Activities | 0 | -0.04 | -0.03 | 0.71 |
Cash From Financing Activities | 0 | 0.16 | 0.06 | 0.11 |
Net Change in Cash | 0.04 | 0.04 | -0.15 | 0.12 |
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