RAK Petroleum plc Reports Consolidated Earnings Results for the Half Year Ended June 30, 2016
August 26, 2016 at 02:46 am EDT
RAK Petroleum plc reported consolidated earnings results for the half year ended June 30, 2016. For the period, the group reported profit before tax and profit for the period was $3,297,000 compared to loss before tax and loss for the period of $28,052,000 reported last year. Basic and diluted earnings per share was $0.011 against basic and diluted loss per share of $0.090 reported last year. Net cash flows used in operating activities was $3,570,000 against $5,681,000 reported last year.