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For the six months ended 31 December 2016, East West Energy Ltd revenues decreased 49% to A$32K. Net loss decreased 98% to A$21K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Exploration expenditure write off decrease from A$3.3M (expense) to A$0K, Administrators Fees decrease from A$272K (expense) to A$0K.
Period Ending: | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Revenue | 0.03 | 0.09 | 0.06 | 0.02 |
Gross Profit | ||||
Operating Income | -0.01 | -0.87 | -0.74 | -9.9 |
Net Income | -0.02 | -0.68 | -0.9 | -10.42 |
Period Ending: | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Assets | 0 | 0.11 | 0.02 | 3.3 |
Total Liabilities | 0.33 | 0.41 | 0.54 | 3.07 |
Total Equity | -0.32 | -0.3 | -0.52 | 0.23 |
Period Ending: | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.29 | -0.09 | -0.29 | -0.1 |
Cash From Investing Activities | 0 | -0.21 | 0 | -1.81 |
Cash From Financing Activities | 0.2 | 0.25 | 0.15 | 0 |
Net Change in Cash | -0.09 | -0.06 | -0.14 | -1.91 |
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