3rd Quarter Financials Prespective for Rainbow Coral Corp (OTCBB:RBCC)

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Las Vegas, NV -- (SBWIRE) -- 12/06/2013 -- Rainbow Coral Corp (OTCBB:RBCC) has declared the financial performance of company for the third quarter ended on September 30th, 2013. The company was able to generate total revenue of $34 million with estimated $17 million as cost of revenues during the quarter.

Rainbow Coral Corp had paid out $171 million on selling general and administrative expenses and the loss of $154 million on the earnings before interest and taxes. The company completed up with net loss of $249 million for the third quarter. The company had ended up with $219 million and $168 million of loss for the second and first quarter of 2013 respectively.

Rainbow Coral Corp. is a retail fish store and operates coral farm facility. The company sells its products through its retail location, online hobbyists and collectors. Rainbow Coral Corp. was founded in 2010 and is based in Florida.

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