6,321,559
7,659,623
Net sales of gas decreased by RUB 751,391 million, or 20%, to RUB 3,049,339 million for the year ended December 31, 2020 compared to the year ended December 31, 2019, that was mainly due to a decrease in the average prices and volumes of gas sold in the Europe and other countries segment.
Net sales of gas to Europe and other countries decreased by RUB 678,736 million, or 27%, to RUB 1,811,636 million for the year ended December 31, 2020 compared to the year ended December 31, 2019. The change was mainly due to a decrease in average prices (including excise tax and customs duties) denominated in the Russian Ruble by 24% and a decrease in the volumes of gas sold by 6%, or 13.4 bcm. At the same time average prices denominated in the US Dollar decreased by 32%.
CBN sacks Awosika, Otudeko, appoints new board for First Bank -
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Audited results for FY 2020
· Business resilient despite COVID-19: gross profit $1.2m vs $2.8m in 2019
· Building blocks in place for future growth
Post-period end:
· From Q4 2020 to Q1 2021 Woodbois significantly grew its sawn timber and veneer production by 83% and 44% respectively
· Launch of the Company s Reforestation and Carbon Credit division
· On track to become cashflow positive and deliver record turnover
Paul Dolan said:
Despite the highly challenging market conditions during 2020, the business performed very credibly. At a company specific level, we were able to reset the balance sheet in August 2020 by converting the vast majority of our debt into equity. We subsequently dedicated our capex to maximizing returns from high margin production assets and built-out the operational team with a number of key hires towards the end of 2020/early 2021. This has enabled Woodbois to continue to further strengthen its
XS Financial s Fourth Quarter Caps Year of Strong Growth in Financing Income and Operating Lease Revenue
portfolio
LOS ANGELES, CA / ACCESSWIRE / April 29, 2021 / XS Financial Inc.
( XS Financial , XSF or the Company ) (CSE:XSF) (OTCQB:XSHLF), an equipment finance and leasing company serving cannabis and hemp companies in the United States, reported its financial results today for the fourth quarter and year ended December 31, 2020. All amounts are expressed in U.S. dollars unless indicated otherwise.
Q4/20 Highlights
Added two new customers and entered into nine leasing agreements for a combined total of $5.5 million equipment value;
Financing income and operating lease revenue increased 163.8% to $310.7 thousand;
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