Recon Technology (RCON) Reports Q3 Loss of $1.38
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Recon Technology, Ltd. Reports Fiscal Year 2016 First Quarter Financial Results
November 13, 2015 6:30 AM ESTBEIJING, Nov. 13, 2015 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), a leading independent oilfield services provider operating primarily in China, today reported its financial results for the first quarter of fiscal year 2016, which ended September 30, 2015.
Q1 FY2016 Financial Highlights: Â
Total revenues for the first quarter of FY2016 were RMB3.59 million ($0.57 million), a decrease of 16.5% as compared to the same period last fiscal year.
Gross profit for the first quarter of FY2016 was RMB0.40 million ($0.06 million), a decrease of 34.7% as... More