{"id":6602,"date":"2018-08-14T18:08:42","date_gmt":"2018-08-14T22:08:42","guid":{"rendered":"https:\/\/dynacor6258.live-website.com\/2018\/08\/14\/q2-2018-dynacor-reports-sales-of-us-28-0-m-and-net-income-of-us-1-3-m\/"},"modified":"2018-08-14T18:08:42","modified_gmt":"2018-08-14T22:08:42","slug":"q2-2018-dynacor-reports-sales-of-us-28-0-m-and-net-income-of-us-1-3-m","status":"publish","type":"post","link":"https:\/\/dynacor.com\/en\/q2-2018-dynacor-reports-sales-of-us-28-0-m-and-net-income-of-us-1-3-m\/","title":{"rendered":"Q2-2018: Dynacor Reports Sales of US $28.0 M and Net Income of US $1.3 M"},"content":{"rendered":"

MONTREAL, Aug. 14, 2018 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX: DNG \/ OTC: DNGDF) (Dynacor or the Corporation)<\/strong> a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its unaudited condensed consolidated financial statements and the management’s discussion and analysis (\u201cMD&A\u201d) for the three-month and six-month periods ended June 30, 2018.\u00a0<\/p>\n

These documents have been filed electronically with SEDAR at www.sedar.com<\/a> and will be available on the Corporation’s website www.dynacor.com<\/a>.<\/p>\n

(All figures in this press release are in millions of US$ unless stated otherwise. Earnings per share and cash-flow per share are in US$. All variance % are calculated from rounded figures. Some additions might be incorrect due to rounding).<\/em><\/p>\n

For the three-month period ended June 30, 2018, Dynacor recorded its 29th<\/sup> consecutive quarter of profits, powered by sales of $28.0 M which resulted in net income $1.3 M ($0.03 per share) a significant increase compared to $0.3 M ($0.01 per share) for the three-month period ended June 30, 2017 (\u201cQ2-2017\u201d).<\/p>\n

Highlights for the second quarter of 201<\/strong><\/em>8<\/strong><\/em><\/strong><\/p>\n

(Variance %, are calculated based on rounded figures)<\/em><\/p>\n

Operational<\/u><\/p>\n