Milkiland N.V. Announces Consolidated Unaudited Earnings Results for the Six Months Ended June 30, 2018
Milkiland N.V. announced consolidated unaudited earnings results for the six months ended June 30, 2018. Revenue was EUR 66,152,000 compared to EUR 74,435,000 for the same period a year ago. Operating loss was EUR 1,736,000 compared to EUR 1,157,000 for the same period a year ago. Loss before tax was EUR 2,235,000 compared to profit of EUR 2,224,000 for the same period a year ago. Loss attributable to owners of the company was EUR 2,488,000 compared to profit of EUR 1,471,000 for the same period a year ago. Loss per share was EUR 7.96 cents compared to EUR 4.71 cents for the same period a year ago. Net cash provided by operating activities was EUR 936,000 compared to EUR 5,539,000 for the same period a year ago. Acquisition of property, plant and equipment was EUR 383,000 compared to EUR 1,666,000 for the same period a year ago.