Spitfire Oil Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2016
March 21, 2017 at 03:00 am EDT
Spitfire Oil Limited reported unaudited consolidated earnings results for the six months ended December 31, 2016. For the year, the company reported operating loss of AUD 145,991 against AUD 199,715 a year ago. Loss before income tax was AUD 375,293 against AUD 460,906 a year ago. Loss after income tax was AUD 375,293 against AUD 460,906 a year ago. Basic and diluted loss per share for loss attributable to the ordinary equity holders of the company was 1.4 cents against 1.7 cents a year ago. Net cash outflow from operating activities was AUD 39,778 against AUD 185,215 a year ago. Payments for exploration and evaluation expenditure were AUD 229,302 against AUD 261,191 a year ago.