Brief: Titan Logix reports Q1 loss of C$0.01 per share

Titan Logix

14/01/2016 14:30

Jan 14 (Reuters) - Titan Logix Corp  TLA.V : 
 * Reports fiscal 2016 first quarter financial results 
 * Q1 loss per share C$0.01 
 * Q1 revenue fell 69 percent to C$1.578 million 
 * Says has reduced discretionary spending and downsized production costs to 
   match current demand 
 * Says "we continue to face challenging times" 
 * No short term expectations for a return to higher volumes of oilfield tanker 
   manufacturing, demand for co's primary products 
 
 * Source text for Eikon  ID:nMKW2dcPNa  
 
 * Further company coverage  TLA.V  
 
 ((Bengaluru Newsroom; +1 646 223 8780))