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GCOM realizes net loss of $0.87 million in 9M 2013

2013-11-03

According to Globalcom Telecommunications Company (GCOM)’s data for the first nine months of the year, net loss reached (870,914) USD, compared with a net loss of (865,042) USD from the first nine months of 2012, a net decrease in loss of 0.7%. Total assets of the company reached 5,278,370 USD as of September 30th, 2013, compared to total assets of 5,626,666 USD as of December 31st, 2012, a net decrease of 6.2%. Total liabilities of the company reached 1,035,177 USD as of September 30th, 2013, compared to total liabilities of 512,559 USD as of December 31st, 2012, a net increase of 102.0%. Net ownership equity of the company reached 4,243,193 USD as of September 30th, 2013, compared with net ownership equity of 5,114,107 USD as of December 31st, 2012, a net decrease of 17.0% in the first nine months.