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For the fiscal year ended 30 June 2017, Queensland Mining Corporation Limited revenues increased 21% to A$83K. Net loss increased from A$2.2M to A$7.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Impairment of assets increase from A$1.1M to A$6.8M (expense), Loss on disposal of tenements increase from A$8K to A$130K (expense).
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.04 | 0.04 | 0.02 | 0.04 |
Gross Profit | -0.17 | -0.19 | -0.22 | -0.2 |
Operating Income | -0.78 | -7.1 | -1.69 | -0.56 |
Net Income | -0.76 | -6.99 | -1.71 | -0.51 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 25.25 | 26.06 | 27.63 | 29.32 |
Total Liabilities | 0.77 | 0.79 | 0.07 | 0.12 |
Total Equity | 24.48 | 25.28 | 27.55 | 29.2 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -0.79 | -0.14 | -0.89 | -0.44 |
Cash From Investing Activities | 0.17 | -1.19 | -1.5 | -1.2 |
Cash From Financing Activities | 4.68 | 4.68 | -0 | -0 |
Net Change in Cash | 4.06 | 3.36 | -2.4 | -1.64 |
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