Cambium Global Timberland Limited Reports Unaudited Consolidated Earnings Results for the Year Ended April 30, 2016
Cambium Global Timberland Limited reported unaudited consolidated earnings results for the year ended April 30, 2016. For the period, the company reported loss for the period from continuing operations of £525,800 against £929,783 a year ago. Revenue was £19,202 compared with £27,114 a year ago. Total loss for the year was £2,623,002 compared with £12,929,328 a year ago. Basic and diluted loss per share was 3.19 pence against 13.30 pence a year ago. Basic and diluted loss per share from continuing operations was 0.64 pence against 0.96 pence a year ago. Net cash used in operating activities was £1,755,197 against £3,050,045 a year ago.