PharmaNet Group Reports Net Loss of $974,860 for the Year to 30 June 2009 (PNO.AX, 00983351, 20090831)

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PharmaNet Group Reports Net Loss of $974,860 for the Year to 30 June 2009
Monday August 31, 2009, 3:39 pm

Original Announcement: Appendix 4E

PharmaNet Group reported net loss of $974,860 for the year ended 30 June 2009. Revenue from ordinary activities were $138,564, down 50.23% from last year. Basic and Diluted EPS were (0.23) cents compared to (0.27) cents last year. The net operating cash outflow was $716,378 compared to an outflow of $1.02m in the pcp. No dividend was declared.

Year to 30 June 2009 (A$) Year to 30 June 2008 (A$)
Revenue 138,564 278,401
Pre-Tax Profit (Loss) (974,860) (925,195)
Net Profit (Loss) (974,860) (925,195)
Operating Cash Flow (716,378) (1,015,560)
Basic and Diluted EPS (cents) (0.23) (0.27)
NTA (cents) (0.30) (0.11)