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Globalcom Telecommunications (GCOM) realizes a loss of $0.73 million in the first half of 2010


Globalcom Telecommunications (GCOM) disclosed its semi- annual financial statements for the first half of 2010, and the company’s financial results as of 30/06/2010 indicated a loss of $ 0.73 million. The company’s assets reached $ 8.05 million at the end 30/06/2010 after they reached $ 8.50 million on 31/12/2009. Total liabilities reached $ 0.14 million at the end of the first half of 2010 compared to $ 0.11 million as of 31/12/2009. Shareholders’ equity reached $ 7.91 on 30/06/2010 after they reached $ 8.39 million at the end of 2009, noting that the company’s paid up capital reached $9.76 million as of 30/06/2010 after it was $9.53 million on 31/12/2009.


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