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GCOM realizes net loss of $0.22 million in Q1 2014

2014-05-04

According to Globalcom Telecommunications company data for the first three months of the year, net loss reached (227,144) USD, compared with a net loss of (242,523) USD from the first three months of 2013, a net decrease in loss of 6.3%. Total assets of the company reached 4,732,137 USD as of March 31^st, 2014, compared to total assets of 4,723,404 USD as of December 31^st, 2013, a net increase of 0.2%. Total liabilities of the company reached 1,342,734 USD as of March 31^st, 2014, compared to total liabilities of 1,106,857 USD as of December 31^st, 2013, a net increase of 21.3%. Net ownership equity of the company reached 3,389,403 USD as of March 31^st, 2014, compared with a net ownership equity of 3,616,547 USD as of December 31^st, 2013, a net decrease of 6.3% in the first three months.