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Winalta Reports Wider Loss In Q2 - Quick Facts

June 30, 2010, Wednesday, 03:36 GMT | 22:36 EST | 08:06 IST | 10:36 SGT

(RTTNews) - Winalta Inc. (WTA_A.V) reported second quarter net loss of C$5.19 million or $0.14 loss per share, compared to a net loss of C$5.18 million or C$0.15 loss per share in the prior year quarter.

The net loss for quarter relative to prior year was result of reduced overall revenue combined with the losses incurred on discontinued operations related to non-production at Acheson manufacturing facility.

Revenue for the quarter rose to C$5.97 million from C$4.88 million a year earlier.