Continental Energy Corporation Announces Audited Consolidated Earnings Results for the Year Ended 30 June 2018
November 05, 2018 at 02:58 pm
Continental Energy Corporation announced audited consolidated earnings results for the year ended 30 June 2018. For the year, the company incurred a loss from operations of $712,711 compared to $439,606 for fiscal 2017, an increase in loss of $273,105 primarily due to non-cash costs of common shares issues to convert debt and conclude transactions. Cash used in operating activities was $430,847 compared to $307,222 used in fiscal 2017.