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Renewable Fuels net loss up 959% to $33.6 million
31-August-07
Written by Edited announcement
South Perth-based Australian Renewable Fuels Ltd has recorded a net loss of $33.6 million, a 959 per cent increase on the loss recorded in the previous year.
The news comes after a major multinational oil company terminated advanced negotiations with with ARF to supply its WA retail service stations with blended biodiesel.
The full text of a company announcement is pasted below
The Directors of Australian Renewable Fuels Limited (ASX Code ARW) ("ARF") herewith lodge the Preliminary Final Report (Appendix 4E) for the financial year ended 30 June 2007.
Article continues...
31-August-07
Written by Edited announcement
South Perth-based Australian Renewable Fuels Ltd has recorded a net loss of $33.6 million, a 959 per cent increase on the loss recorded in the previous year.
The news comes after a major multinational oil company terminated advanced negotiations with with ARF to supply its WA retail service stations with blended biodiesel.
The full text of a company announcement is pasted below
The Directors of Australian Renewable Fuels Limited (ASX Code ARW) ("ARF") herewith lodge the Preliminary Final Report (Appendix 4E) for the financial year ended 30 June 2007.
Article continues...
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Kind regards
Harry Kleyn - Publisher
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