Dale Capital Group Limited Reports Audited Consolidated and Company Earnings Results for the Year Ended February 28, 2012
Dale Capital Group Limited reported audited consolidated and company earnings results for the year ended February 28, 2012. For the year, the group reported total revenue of $2,572,300 against $2,425,376 a year ago. Group revenue reflected a slight increase as a result of an increase in turnover from the group's major asset, Shelley Point. Loss from operations was $2,024,874 against $1,298,739 a year ago. Loss for the year from continued operations was $4,490,335 against $2,363,638 a year ago. Loss attributable to shareholders of the parent was $3,694,670 against $3,403,268 a year ago. Loss per share continuing and discontinuing operations was $0.16 against $0.15 a year ago. Net cash outflow from operating activities was $3,837,201 against $2,028,831 a year ago.
For the year, the company reported total revenue of $250,000 against $11,262 a year ago. Loss from operations was $203,164 against $293,049 a year ago. Loss for the year from continued operations was $9,709,827 against $688,027 a year ago. Loss for the period was $9,709,827 against $688,027 a year ago. Loss per share continuing and discontinuing operations was $0.41 against $0.03 a year ago. Net cash outflow from operating activities was $812,554 against $611,333 a year ago.