Serabi Gold (AIM: SRB, TSX: SBI), the Brazilian-focused gold producer and developer has today officially released its FY2020 financial statements. This comes after a delay due to an investigation into unexplained cash withdrawals that were discovered whilst audit work was being carried out in Brazil. Despite this and the challenges from the pandemic Serabi still managed to generate US$15.5 million in EBITDA and a US$7.0 million post tax profit – an 83% increase YoY.
27 Sep 2021
Audited FY2020 Results Released
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Audited FY2020 Results Released
Serabi Gold PLC (SRB:LON) | 67.5 0 0.0% | Mkt Cap: 51.1m
- Published:
27 Sep 2021 -
Author:
David Butler -
Pages:
4
Serabi Gold (AIM: SRB, TSX: SBI), the Brazilian-focused gold producer and developer has today officially released its FY2020 financial statements. This comes after a delay due to an investigation into unexplained cash withdrawals that were discovered whilst audit work was being carried out in Brazil. Despite this and the challenges from the pandemic Serabi still managed to generate US$15.5 million in EBITDA and a US$7.0 million post tax profit – an 83% increase YoY.