Dalmac Energy Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended January 31, 2017
March 24, 2017 at 04:23 pm EDT
Dalmac Energy Inc. announced earnings results for the third quarter and nine months ended January 31, 2017. For the quarter, the company’s revenues were CAD 4,326,000 compared to CAD 6,096,000 a year ago. EBITDAS was CAD 595,000 compared to CAD 650,000 a year ago. Net loss was CAD 338,000 or CAD 0.01 per basic and diluted share, compared to CAD 297,000 or CAD 0.01 per basic and diluted share, a year ago.
For the nine months, the company’s revenues were CAD 12,175,000 compared to CAD 17,146,000 a year ago. EBITDAS was CAD 1,412,000 compared to CAD 1,612,000 a year ago. Net loss was CAD 1,551,000 or CAD 0.05 per basic and diluted share, compared to CAD 1,133,000 or CAD 0.01 per basic and diluted share, a year ago, despite the drop in revenues.