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For the six months ended 30 June 2018, Urals Energy PCL revenues decreased 50% to $11.2M. Net loss increased from $794K to $3.6M. Revenues reflect Export Crude Oil Sales decrease from $10.2M to $0K, Gross Turnover decrease of 26% to $12.4M, Domestic Crude Oil Sales decrease of 18% to $676K. Higher net loss reflects Foreign currency gain decrease from $437K (income) to $1.7M (expense), Wages and Salaries increase of 14% to $1.3M (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 11.19 | 21.74 | 22.43 | 21.53 |
Gross Profit | 1 | 5.7 | 2.82 | 4.94 |
Operating Income | -1.41 | 2.6 | -0.21 | 1.71 |
Net Income | -3.56 | 15 | -0.79 | 4.85 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 110.3 | 105.47 | 92.6 | 86.5 |
Total Liabilities | 41.89 | 29.01 | 31.76 | 25.52 |
Total Equity | 68.4 | 76.46 | 60.84 | 60.98 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -1.79 | -6.32 | -3.75 | -2.14 |
Cash From Investing Activities | -5.85 | -7.17 | -2.93 | -5.5 |
Cash From Financing Activities | 8.31 | 12.84 | 5.86 | 7.12 |
Net Change in Cash | 0.59 | -0.52 | -0.8 | -0.49 |
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