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BREAKWATER ANNOUNCES 2002 FINANCIAL AND OPERATING RESULTS |
03/19/2003 |
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BREAKWATER ANNOUNCES 2002 FINANCIAL AND OPERATING RESULTS
March 19, 2003 - Breakwater Resources Ltd. reported a consolidated net loss of $19.9 million ($0.12 per share) for the year ended December 31, 2002, on gross sales revenue of $305.4 million. This compares with a consolidated net loss of $111.1 million ($0.92 per share) after a non-cash charge of $70.3 million on gross sales revenue of $304.0 million in 2001. More…
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