Brief: Coal Energy FY 2018 Net Loss Widens To $10.1 Mln

Coal Energy SA

02/11/2018 10:07

Nov 2 (Reuters) - COAL ENERGY SA  CLEP.WA :
    * REPORTED ON WEDNESDAY FY 2018 REVENUE OF $13.2 MLN VS
$26.5 MLN
YEAR AGO
    * FY 2018 NET LOSS $10.1 MLN VS LOSS $9.5 MLN YEAR AGO
    * FY 2018 EBITDA $0.7 MLN VS $5.0 MLN YEAR AGO
    * SAYS IN 2018 MILITARY CONFLICT IN THE REGION OF ASSETS
LOCATION
AS WELL AS CONTINUED TRADE BLOCKADE WERE KEY FACTORS ADVERSELY
INFLUENCING CO'S BUSINESS
    * AS PREVIOUSLY REPORTED CO HAS IDLED ASSETS THAT ARE
LOCATED ON
THE TERRITORY WHICH IS NOT UNDER CONTROL OF UKRAINIAN
AUTHORITIES
    * SAYS THIS HAS INFLUENCED PRODUCTION RESULTS, CASH INFLOW
AND
FINANCIAL RESULTS OF CO IN FY2018
   

 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3N1Q5Sa
    
 Further company coverage:  CLEP.WA  
   


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