Serabi Gold Plc’s 3 months to 30 Sept 2019 revenue surges to US$ 14.35 million

  • Nov 11, 2019 GMT
  • Team Kalkine
  • Serabi Gold Plc (SRB) has released the unaudited 3rd Quarter Results and Management Discussion and Analysis for the three- and nine-month periods to 30 September 2019.
  • Revenue of the company for the 3 months to 30 Sept 2019 stood at US$ 14.35 million as compared to US$ 7.52 million for the period 3 months to 30 Sept 2018.
  • Revenue of the company for the 9 months to 30 Sept 2019 stood at US$ 43.94 million as compared to US$ 33.22 million for the period 3 months to 30 Sept 2018.
  • EBITDA for the third quarter was reported at U$4.6 million compared with a modest EBITDA loss for the same quarter in 2018, while EBITDA for the year to date was up by 120 per cent and stood at US$12.1 million as compared to the same period in 2018.

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