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Company News Summary
Energy Resources Reports Net Loss of $59.87m for Half-Year to 30 June 2012
28 Jul 2012 | 19:16:00 | Associate analysts | Increase | Decrease | 
Original announcement: ASX Interim Report - 30 June 2012
Energy Resources reported net loss of $59.87m for the half-year ended 30 June 2012. Revenue from ordinary activities were $148.0m, down 37% from last year. Basic and Diluted EPS were (11.6) cents compared to (23.5) cents last year. The net operating cash outflow was $18.03m compared to an inflow of $27.33m last year. No dividend was declared. Sales of uranium oxide in 2012 are expected to be broadly in line in production. In addition, subject to Quarter 1 2013 sales commitments, the Company expects to fully repay all uranium oxide loans contracted over the last two years by the end of 2012.
Energy Resources Half Year Results to 30 June 2012
| 6 Months to 30 June 2012 ($A'000) | 6 Months to 30 June 2011 ($A'000) | |
| Revenue | 147,999 | 235,564 |
| Pre-Tax Profit (Loss) | (76,136) | (177,844) |
| Net Profit (Loss) | (59,868) | (121,746) |
| Operating Cash Flow | (18,029) | 27,326 |
| Interim Dividends (cents) | nil | nil |
| Basic and Diluted EPS (cents) | (11.6) | (23.5) |
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