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For the nine months ended 30 September 2016, Petrotarg AB (publ) revenues decreased 50% to SEK4.1M. Net loss applicable to common stockholders decreased 24% to SEK4.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Net Financial Items increase from SEK1M (expense) to SEK2.7M (income).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 1.14 | 1.33 | 1.65 | 2.24 |
Gross Profit | 1.3 | 1.41 | 1.75 | 1.49 |
Operating Income | -3.51 | -1.74 | -1 | -10.19 |
Net Income | -3.87 | -2.07 | 2.42 | -45.85 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 44.61 | 47.89 | 29.25 | 32.12 |
Total Liabilities | 37.52 | 37.47 | 32.83 | 34.05 |
Total Equity | 7.09 | 10.42 | -3.58 | -1.93 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.69 | -2.24 | -0.62 | 1.7 |
Cash From Investing Activities | 2.97 | 2.97 | 3.37 | -3.75 |
Cash From Financing Activities | -4 | 3.02 | 0.07 | 0.47 |
Net Change in Cash | -1.66 | 3.78 | 2.78 | -1.35 |
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