FSI Announces 2013 Third Quarter Financial Results
- Wednesday, November 27, 2013, 11:46
- Market Wire
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CALGARY, ALBERTA–(Marketwired – Nov. 27, 2013) – Richard Ball, Chief Executive Officer of FSI Energy Group Inc. (“FSI” or the “Company”) (TSX VENTURE:FSI), is pleased to announce financial results for the three months ended September 30, 2013.
| Financial Highlights | |||||||||
| (CAD): | Nine months ended September 30: | Three months ended September 30: | |||||||
| 2013 | 2012 | 2013 | 2012 | ||||||
| Revenue | 11,782,200 | 2,830,867 | 1,222,690 | 522,897 | |||||
| Operating profit (loss) | 1,558,814 | (710,225 | ) | 53,345 | (611,596 | ) | |||
| Comprehensive income (loss) | 1,201,340 | (778,964 | ) | 26,440 | (635,590 | ) | |||
| EBITDA1 | 1,763,691 | (596,820 | ) | 87,171 | (576,142 | ) | |||
In the third quarter of the year, FSI completed installation of its largest brine plant to date, resulting in total year- to-date revenue from the foreign segment of just over $10.3 million, and total revenue for the year-to-date of just under $12 million.
Source: http://www.marketwired.com/mw/release.do?id=1857048&sourceType=3
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