Sierra Metals Inc.: Sierra Metals Reports Q4-2020 Financial Results at Its Sociedad Minera Corona Subsidiary in Peru
All metal prices and amounts reported in USD)
Sierra Metals Inc. (TSX:SMT, BVL:SMT, NYSE AMERICAN:SMTS) ( Sierra Metals or the Company ) announces the filing of Sociedad Minera Corona S.A. s ( Corona ) unaudited Financial Statements and the Management Discussion and Analysis ( MD&A ) for the fourth quarter of 2020 ( Q4 2020 ).
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Train emerging from Yauricocha Tunnel loaded with ore (Photo: Business Wire)
The Company holds an 81.8% interest in Corona. All amounts are presented in US dollars unless otherwise stated and have not been adjusted for the 18.2% non-controlling interest.
1. For the quarter, Revenue from operations increased by 23% (21% in constant currency) as compared to corresponding quarter of the previous year, led by volume and value growth in the branded business. The Group s business segments catering to out of home consumption continue to be adversely impacted, with progressive recovery from the earlier lows. Profit before exceptional items and tax at Rs 298 Crores is higher by 13% as compared to corresponding quarter of the previous year, mainly on account of growth in revenue and good control over expenditure despite record tea cost inflation in India. Lower tax provision in the current quarter is on account of one time credits and profit mix. Group Consolidated Net Profit is higher by 29%.
Zee Learn Limited Q3 FY21 Results
Wednesday, February 10, 2021 12:52PM IST (7:22AM GMT)
EBIDTA at Rs. 7.40 crores (14 % of Operating Revenue)
PBT at Rs. 0.38 crores
PAT at Rs. 0.21 crores
Q3 FY 21 – Standalone Level:
EBIDTA at Rs. 1.72 crores (11 % of Operating Revenue)
PBT at Rs. 0.47 crores
PAT at Rs. 0.31 crores
The Board of Directors at its meeting held today has approved and taken on record the unaudited consolidated financial results of Zee Learn Limited (ZLL) and its subsidiaries for the quarter and nine months ended 31 December 2020.
Commenting on the business performance,
Mr. Vikash Kumar Kar, Whole Time Executive Director and CEO, Zee Learn Limited said, The core education sector is yet to fully recover from the adverse impacts caused due to the pandemic. Despite the ongoing challenges, the company continues to offer high quality pedagogical support to meet the learning needs of its students, while staying sharply focused on its business continuit
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For additional information, please refer to the full-length Consolidated Financial Results document at: https://www.hd.square-enix.com/eng/21q3earnings.pdf, or the Company s IR website: https://www.hd.square-enix.com/eng/ir/.
In the Digital Entertainment segment, the HD (High-Definition) Game sub-segment saw the release of major titles including FINAL FANTASY VII REMAKE and Marvel s Avengers, growth in digital sales of catalog titles, and licensing income that resulted in higher net sales than in the same period of the previous fiscal year, as well as a turn to profit at the operating line.
Net sales declined at the MMO (Massively Multiplayer Online) Game sub-segment due to the release of the FINAL FANTASY XIV and DRAGON QUEST X expansion packs in the previous fiscal year, but operating income rose in part due to the growth of recurring revenue from the same titles compared with the previous fiscal year.