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Article: Elan Energy reports financial results for six months ended June 30, 1995.
- Article from:
- Business Wire
- Article date:
- August 9, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CALGARY, Alberta--(BUSINESS WIRE)--Aug. 9, 1995--Elan Energy Inc. (TSE, ME: ELN) today announced its results for the six months ended June 30, 1995. Revenue, net of royalties totalled $94.5 million over the first six months of the year including $51.7 million for the second quarter. This represents an increase of 33 percent over revenue of $71.1 million for the first six months of 1994.
Cash flow in the second quarter amounted to $31.4 million ($0.68 per share) for total cash flow of $57.9 million ($1.26 per share) for the first half of 1995. Cash flow for the second quarter of 1995 is 9 percent higher than the $28.9 million ($0.63 per share) reported for the ...
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