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For the fiscal year ended 30 June 2018, Torre Industries Ltd revenues decreased less than 1% to RAN1.45B. Net loss before extraordinary items decreased 94% to RAN23M. Revenues reflect market conditions. Lower net loss reflects Impairment of assets decrease of 90% to RAN43M (expense), Interest expense decrease of 57% to RAN13M (expense), Operating expenses decrease of 3% to RAN455M (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 672 | 778 | 698 | 759 |
Gross Profit | 228 | 298 | 267 | 276 |
Operating Income | -38 | 40 | -397 | 14 |
Net Income | -85 | 25 | -454 | 17 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 1161 | 1293 | 1392 | 2381 |
Total Liabilities | 327 | 359 | 474 | 1008 |
Total Equity | 834 | 934 | 918 | 1373 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | 37 | -36 | 27 | -31 |
Cash From Investing Activities | 115 | -5 | 0 | -104 |
Cash From Financing Activities | -153 | -72 | 13 | -13 |
Net Change in Cash | -6 | -117 | 41 | -162 |
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