Kibush Capital Corp. (DLCR)

[getmoreshares]

During the nine months ended June 30, 2018, we recognized $59,978 in revenue. We recognized $65,860 revenue during the nine months ended June 30, 2017. The increase in revenue is attributable to the success of our timber operations and mineral exploration activities.

We had a net profit for the nine months ended June 30, 2018, of $57,606 and a net loss of $214,540 for the nine months ended June 30, 2017. The profit for the period ended June 30, 2018 was more than the loss which occurred during the same period in 2017. Our general and administrative expenses did increase by $16,671 for the period ended June 30, 2018, as compared to the period ended June 30, 2017. The profit was attributable to the improved revenues from the Logging Operations and a decrease in the cost of the derivative financing expense.