Sefton Resources Inc. (SER.L) reported that net profit for the year ending 31 December 2012 after deducting finance costs from operating income was $21,000 compared with $0.2 million in 2011. Earnings per share were $0.00004 down from $0.0008 last year.
Earnings before non-cash charges, interest and taxes were $962,000 in 2012 compared to $1.05 million in 2011.
During the year ended 31 December 2012, revenue rose by 3.6% to $4.3 million, assisted by a marginal increase in realised oil prices despite slightly lower volumes being sold compared to 2011.
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