Powered by

FY2017 Annual Report: Falcon Energy Revenue down 65% Corporate Wire Date: 20 November 2018 16:35 SGT

Nov 20, 2018 - News Bites - Asia: Singapore

SINGAPOREAN RESULTS

Falcon Energy (SI:5FL) reported total revenue for the year-ended 30 June 2017 of $US107m, down 64.8% from $US303m in the previous year.

Major changes compared with previous year:

Favourable Changes:

- Long-term investments to Total Assets up from 6.4% to 7.2%

Unfavourable Changes:

- Current ratio down 55.5% from 1.1 to 0.5

- Retained earnings to total assets down from 30.3% to 16.5%

- Total liabilities to Total assets up 22.9% f...