Spitfire Oil Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2017
February 20, 2018 at 02:00 am EST
Spitfire Oil Limited reported unaudited consolidated earnings results for the six months ended December 31, 2017. For the year, the company reported operating loss of AUD 213,243 against AUD 145,991 a year ago. Loss before income tax was AUD 444,534 against AUD 375,293 a year ago. Loss after income tax was AUD 444,534 against AUD 375,293 a year ago. Basic and diluted loss per share for loss attributable to the ordinary equity holders of the company was 1.7 cents against 1.4 cents a year ago. Net cash outflow from operating activities was AUD 267,179 against AUD 39,778 a year ago. Payments for exploration and evaluation expenditure were AUD 231,291 against AUD 229,302 a year ago.