Clean Energy Brazil PLC Reports Unaudited Consolidated Earnings Results for the Six Months Ended October 31, 2011
January 30, 2012 at 07:00 am
Clean Energy Brazil PLC reported unaudited consolidated earnings results for the six months ended October 31, 2011. For six months, the company reported net investment expense of $489,000 against $5,675,000 last year. Loss before taxation was $701,000 against $6,818,000 last year. Loss after tax was $725,000 or $0.00 basic and diluted per share against $6,854,000 or $0.05 basic and diluted per share last year. Net cash provided by from operating activities was $214,000 against net cash used in operating activities of $1,453,000 last year. Purchase of fixed assets was $6,000. Net asset value was $0.24 per share compared to $0.23 per share last year.