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Foraco International SA (FRACF.PK)

FRACF.PK on OTC Markets Group

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Foraco International posts Q2 rev of $32.3 mln vs $43.8 mln
Tuesday, 2 Aug 2016 05:00am EDT 

Foraco International Sa : Foraco International reports Q2 2016 . Says Q2 2016 revenue amounted to US$32.3 million compared to US$43.8 million in Q2 2015, a decrease of 26 pct . Qtrly loss per share 4.28 cents . Company continues to adopt going concern basis in preparing its financial statements . "There is possibility that company's actual operating performance during coming year may be different from expectations" .Says company expects it will execute its strategy primarily through organic growth in near future.  Full Article

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