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For the six months ended 30 June 2017, Central Rand Gold Limited revenues increased 50% to $2.7M. Net loss increased 45% to $3.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Impairment of assets increase from $0K to $1.6M (expense), Other expenses increase of 75% to $517K (expense), Research and development increase of 80% to $249K (expense).
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 2.65 | 3.06 | 1.76 | 3.74 |
Gross Profit | 0.03 | 1.64 | -0.82 | -0.89 |
Operating Income | -3.26 | -1.95 | -2.08 | 2.79 |
Net Income | -3.42 | -2.11 | -2.37 | 1.19 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 15.44 | 14.11 | 16.29 | 13.78 |
Total Liabilities | 28.45 | 25.64 | 27.1 | 24.52 |
Total Equity | -13.01 | -11.53 | -10.81 | -10.75 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.55 | -3.36 | -2.19 | -1.43 |
Cash From Investing Activities | -0.05 | 0.41 | 0 | 0.15 |
Cash From Financing Activities | 0.9 | 3.01 | 2.33 | 1.2 |
Net Change in Cash | -0.08 | -0.07 | -0.12 | -0.36 |
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