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Petroneft Resources Plc’s revenue for FY19 declines to US$ 1.44 million

1 min read | September 26, 2020 06:28 PM BST | By Team Kalkine Media
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Petroneft Resources Plc (LON:PTR) has released its final results for the year ended 31st December 2019.

  • The company reported Revenue from continuing operations of US$ 1.44 million as compared to US$ 1.77 million.
  • The loss after taxation for the year was US$6.04 million as compared to US$ 7.56 million in 2018. The loss included the share of the joint venture's net loss in WorldAce Investments.
  • Operating loss from continuing operations reduced to US$0.70 million as compared to US$ 1.31 million in the previous year.

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