Feronia Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 30, 2019 at 03:19 am IST
Feronia Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 8.613 million compared to USD 7.565 million a year ago. Operating loss was USD 605,341 compared to USD 428,428 a year ago. Net loss was USD 776,796 compared to USD 2.329 million a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.005 a year ago. For the half year, sales was USD 15.946 million compared to USD 12.988 million a year ago. Operating loss was USD 823,514 compared to USD 1.338 million a year ago. Net loss was USD 1.341 million compared to USD 1.432 million a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.003 a year ago.