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ClarkKant

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ClarkKant

Re: madstocks5432 post# 954

Tuesday, 02/14/2012 8:02:27 AM

Tuesday, February 14, 2012 8:02:27 AM

Post# of 1755
Financials of $3.8M Net Profit Filed/Reported

http://www.missionnewenergy.com/files/1077404.pdf

half yearly revenue of $20,3 million (31 December 2010: $5.7 million) and net profit after tax of $3.8 million (31 December 2010: Loss of $14.0 million) for the six months ended on 31 December 2011. The increase in revenue and profit between the reporting periods is primarily as a result of a gain (non cash) on settlement of the series one convertible notes during the most recent reporting period.
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