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For the six months ended 30 September 2018, Asia Coal Limited revenues increased from HK$4.6M to HK$146.4M. Net loss decreased 20% to HK$14.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Administrative expenses decrease of 17% to HK$11.1M (expense), Interest on unlisted bonds decrease of 63% to HK$836K (expense).
Period Ending: | Sep 30, 2018 | Mar 31, 2018 | Sep 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Revenue | 146.37 | 0.11 | 4.63 | 4.58 |
Gross Profit | 4.81 | 0.01 | 0.2 | 0.2 |
Operating Income | -7.35 | -10.86 | -13.13 | -26.04 |
Net Income | -14.94 | -18.23 | -18.67 | -29.67 |
Period Ending: | Sep 30, 2018 | Mar 31, 2018 | Sep 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Assets | 109.52 | 9.5 | 14.65 | 19.86 |
Total Liabilities | 227.3 | 112.76 | 94.47 | 78.36 |
Total Equity | -117.78 | -103.26 | -79.81 | -58.5 |
Period Ending: | Sep 30, 2018 | Mar 31, 2018 | Sep 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 12 Months |
Cash From Operating Activities | -78.33 | -32.37 | -21.1 | -45.35 |
Cash From Investing Activities | -0.05 | 0.01 | 0 | -0.04 |
Cash From Financing Activities | 105.73 | 27.79 | 18.02 | 48.12 |
Net Change in Cash | 27.21 | -4.25 | -2.94 | 2.62 |
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