Powered by

PHI reports increased net loss for Q3 2018 year over year

Nov 12, 2018 - Global Banking News

PHI Inc (Nasdaq SGM:PHII) (Nasdaq SGM:PHIIK) on Saturday reported for the third quarter ended 30 September 2018, a consolidated net loss of USD11.5 m or USD0.73 loss per diluted share, sharply increased from the net loss of USD3.3m or USD0.21 loss per diluted share in the third quarter of 2017.

Consolidated operating revenues for the third quarter were USD168.8m, an increase of USD18.6m from the consolidated operating revenues of USD150.2m for the same quarter of 2017.

PHI together w...