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For the nine months ended 30 September 2017, IpsCo Tubulars Inc revenues increased from $324.2M to $730.4M. Net income totaled $23.2M vs. loss of $150M. Revenues reflect Third party revenues increase from $279.3M to $724M. Net Income reflects Selling and distribution expenses decrease of 37% to $15.4M (expense), Interest Expense decrease of 38% to $11.4M (expense), Other income (expense).
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 294.8 | 435.62 | 146.1 | 149.74 |
Gross Profit | 43.5 | 51.22 | -8.18 | 0.84 |
Operating Income | 22.53 | 8.28 | -25.7 | -17.45 |
Net Income | 20.43 | 2.82 | -27.45 | -25.97 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 847.42 | 849.52 | ||
Total Liabilities | 341.19 | 364.01 | ||
Total Equity | 506.23 | 485.51 |
Period Ending: | Sep 30, 2017 | Jun 30, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 12 Months | 9 Months |
Cash From Operating Activities | 3.75 | -12.3 | -51.93 | -80.36 |
Cash From Investing Activities | -2.46 | -18.58 | -24.88 | -7.12 |
Cash From Financing Activities | -12.46 | 29.01 | 98.09 | 98.47 |
Net Change in Cash | -11.27 | -1.9 | 21.26 | 10.95 |
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