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GCOM realizes net loss of $0.10 million in Q1 2015

2015-04-30

According to Globalcom Telecommunications Company GCOM’s data for the first three months of the year, net loss reached (96,036) USD, compared with a net loss of (227,144) USD from the first three months of 2014, a net decrease in loss of 57.7%. Total assets of the company reached 4,518,240 USD as of March 31st, 2015, compared to total assets of 4,544,057 USD as of December 31st, 2014, a net decrease of 0.6%. Total liabilities of the company reached 1,538,657 USD as of March 31st, 2015, compared to total liabilities of 1,468,438 USD as of December 31st, 2014, a net increase of 4.8%. Net ownership equity of the company reached 2,979,583 USD as of March 31st, 2015, compared with a net ownership equity of 3,075,619 USD as of December 31st, 2014, a net decrease of 3.1% in the first three months.