Southridge Enterprises Inc (SRGE)

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Las Vegas, NV -- (SBWIRE) -- 07/08/2013 -- Southridge Enterprises Inc (OTCMKTS:SRGE) recently released its financial report for the second quarter ending Aug 30, 2012. According to the statement released the company gained operating profit of $1,668,000 and the company’s net profit amounts up to $1,420,000 which surpass all its previous gains.

Southridge Enterprises Inc spent $517,000 on selling general and administrative expenses, and the company’s interest expense amounted to $224,000.

Southridge Enterprises Inc deals in the acquisition, exploration, and development of gold and silver mines in Mexico. It acquires 100% interest in the Cinco Minas property covering approximately 10,750 hectares. The company was founded in 2004 and is based in Dallas, Texas.

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