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Simba cuts losses in latest quarter

Monday, February 27, 2017 14:48
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Simba Energy Inc.’s (CVE:SMB) reported a reduction in its losses in the six months to December, the company said on Monday.

In the six months ended Dec. 31 Simba recorded a comprehensive loss of C$577,301 versus C$624,533 in the same period in 2015.

For the quarter, Simba said the loss was reduced to C$323,754 versus C$400,567 in the three months to Dec 31, 2015.

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