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For the nine months ended 30 September 2018, Petrocapita Income Trust revenues decreased 7% to C$6.7M. Net loss decreased 30% to C$6.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling/General/Admin. Expense decrease of 28% to C$2.1M (expense), Fair Value Adjustments on Other Assets increase from C$326K (expense) to C$2K (income).
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 2.39 | 2.36 | 1.95 | 2.31 |
Gross Profit | 0.34 | 0.19 | -0.24 | 0.01 |
Operating Income | -0.85 | -1.06 | -1.8 | -2.76 |
Net Income | -1.81 | -1.82 | -2.49 | -3.69 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 52.12 | 51.66 | 53.04 | 53.86 |
Total Liabilities | 55.6 | 53.34 | 52.89 | 51.25 |
Total Equity | -3.48 | -1.68 | 0.15 | 2.61 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 0.48 | -0.09 | -0.46 | -3.63 |
Cash From Investing Activities | -0.72 | -0.44 | -0.31 | -0.62 |
Cash From Financing Activities | -0.35 | -0.36 | -0.36 | 3.29 |
Net Change in Cash | -0.59 | -0.9 | -1.12 | -0.96 |
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