The net loss of Tethys Petroleum reduces to $7 million in January-September
Edited by Rhod Mackenzie / 2013-11-18 05:24:42
In January-September 2013 the net loss of Tethys Petroleum made up $7 million against $16.8 million in 2012, is said in the financial report of the company for the first nine months of 2013.
In January-September the company’s proceeds increased by 15% - to $30.7 million and the gross margin reduced to 58% from 64.8% in 2012.