FY2017 Annual Report: TWC Enterprises profits hit by 88% fall Corporate Wire Date: 20 November 2018 02:35 EST
TWC Enterprises (TSX:TWC) reported net profit for the year-ended 31 December 2017 of CAD2.0m ($US1.6m), down 87.7% from CAD16.6m ($US12.3m) in the previous year.
Major changes compared with previous year:
- Net tangible assets per share up 14.5% from CAD6.84 ($US5.1) to CAD7.83 ($US6.2)
- Total current assets to Total Assets up from 1.9% to 2.2%
- Other non-current assets to Total Assets up from 1.7% to 3%
- Fixed Ass...