Saras’ Core Earnings in 2012 Q2 Drops 2%

Oil and Gas Investing

Reuters reported that Saras’ (BIT:SRS) core earnings in 2012 second quarter dropped 2 percent.

Reuters reported that Saras’ (BIT:SRS) core earnings in 2012 second quarter dropped 2 percent.

As quoted in the market news:

In a statement Saras said its comparable earnings before interest, taxes, depreciation and amortisation (EBITDA) was 33.6 million euros ($41.36 million), compared to a consensus provided by the company of 52 million euros.

Click here to read the full Reuters report.