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GCOM realizes net loss of $0.22 million in 9M 2015

2015-11-03

According to the financial statements of GlobalCom Telecommunications GCOM for first nine months of 2015, Net Loss after tax of the period reached (224,686) USD Compared with Net Loss after tax (516,287) USD for 2014, a net decrease in loss of 56.48%.Total assets of the company reached 4,276,160 USD compared with total assets of 4,544,057 USD at the end of year 2014, a net decrease of 5.90%.Total liabilities of the company reached 905,060 USD compared with total liabilities of 1,468,438 USD at the end of year 2014, a net decrease of 38.36%. Net ownership equity of the company reached 3,371,100 USD compared with total owner equity of 3,075,619 USD at the end of year 2014, a net increase of 9.61%.