Wednesday, May 15, 2024 8:55:10 AM
https://www.prnewswire.com/news-releases/hnrc-reports-q1-2024-financials-period-ending-march-31-2024-302145717.html
Consistent Growth Reported in Revenue and Operating Earnings
HOUSTON, May 15, 2024 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNRC or the Company") announced today results for the quarter ending March 31, 2024.
Financial Results: Q1 2024 Ending March 31, 2024, vs Q1 2023 Ending March 31, 2023
Total revenue for three months was $4,292,940 vs $4,178,580, an increase of 2.7%.
Total earnings for three months were $2,736,961 vs $2,660,713, an increase of 2.8%.
Total assets for the period were $85,858,800 vs $92,839,255, a decrease of 7.5%.
The company recorded a net asset value (NAV) of $0.27 per share Q1 2024
The Company also disclosed that it has filed an application for Worldwide Diversified Holdings, Inc common shares to initially trade on the OTCQB market. After the initial listing the company intends on uplisting onto a major exchange and continuing business operations and pursuing acquisitions to add shareholder value.
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