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For the six months ended 30 June 2019, Pallas Group AB revenues decreased 26% to SEK13.1M. Net loss totaled SEK3.3M vs. income of SEK2.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Operating Costs increase of 17% to SEK12M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from SEK0.14 to -SEK0.19.
Period Ending: | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 |
---|---|---|---|---|
Total Revenue | 13.1 | 6.3 | 30.9 | 11.8 |
Gross Profit | ||||
Operating Income | -1.9 | -1.1 | 2.9 | -1.1 |
Net Income | -3.3 | -1.8 | 0.3 | -2.1 |
Period Ending: | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 |
---|---|---|---|---|
Total Assets | 113.3 | 112.7 | 114.4 | 117.5 |
Total Liabilities | 89.1 | 87.3 | 87.7 | 90.9 |
Total Equity | 24.2 | 25.4 | 26.7 | 26.6 |
Period Ending: | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 3.9 | 1.2 | 11.5 | 4.4 |
Cash From Investing Activities | -0.3 | 0 | -4.7 | 0 |
Cash From Financing Activities | -3.6 | -1.8 | -6.1 | -4.4 |
Net Change in Cash | 0.1 | -0.6 | 1 | 0 |
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