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Ophir Energy FY Pre-tax Loss Widens

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ophir Energy Plc (OPHR.L) recorded a wider pre-tax loss from continuing operations of $40.94 million in 2012, versus a $19.1 million loss last year.

The loss for the period includes exploration expenditure expensed of $4.5 million, administrative costs of $36.4 million, finance income of $0.6 million, interest income of $1.0 million, and other expenses of $1.7 million, according to the company.

Revenue for the full year 2012 slumped to $1.02 million, from $14.68 million a year earlier.

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