Dalmac Energy Inc. Announces Earnings Results for the Third Quarter and Year to Date Ended January 31, 2018; Provides Earnings Guidance for the Year 2018
For the year to date, the company's revenues were CAD 14,924,000 compared to CAD 12,175,000 a year ago. EBITDAS was CAD 2,092,000 compared to CAD 1,414,000 a year ago. Net loss was CAD 873,000 or CAD 0.03 per basic and diluted share compared to CAD 1,551,000 or CAD 0.05 per basic and diluted share a year ago.
The company remains confident in its outlook for 2018. For the balance of this year and into the next it is expected that higher industry activity will result in a higher demand for their services, improved equipment rates and better operating and financial results.