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Banro Q4 Profit Plunges, Revenue Climbs 30% - Quick Facts

Banro Corp. (BAA, BAA.TO) late Monday said fourth-quarter net income plunged to $272 thousand or $0.00 per basic share from $2.09 million or $0.01 per basic share in the previous year.

Quarterly revenue climbed 30 percent to $35 million from the previous-year quarter's $27.02 million.

Production totaled 29,445 ounces of gold, compared to 22,858 ounces last year.

by RTTNews Staff Writer

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