Antinuclear

Australian uranium company’s big revenue loss

oilweek Nov 12, 2009 Paladin Energy suffers  big loss; revenue down almost US$14M (Paladin) Ca PERTH, Australia _ Uranium producer Paladin Energy Ltd (TSX:PDN) blamed a decline in sales and prices for as fourfold increase in its net loss in the quarter ended Sept. 30.
Paladin, which reports in U.S. dollars, said it lost US$20 million or three cents a share in the quarter. That compares with a loss of $5.1 million or one cent in the 2008 quarter.

 

Revenue was US$38.6 million, down from $52.4 million last year.

Paladin Energy suffers big increase in Q3 loss; revenue down almost US$14M (Paladin) | Oilweek Magazine

November 14, 2009 - Posted by Christina Macpherson | 1, AUSTRALIA - NATIONAL, business, uranium | Australia, nuclear costs, uranium