Las Vegas, NV -- (SBWIRE) -- 08/28/2013 -- Petrosonic Energy Inc (OTCMKTS:PSON) issued the quarter financial statement of the company for the first quarter of year ended March 31, 2013. As a conventional procedure, Petrosonic also generated the comparison of the recent quarter with past three quarters of 2012.
Petrosonic Energy Inc hasn’t earned any revenues in past four quarters and has failed to generate any income either. The company had operating loss of $0.59 million during the quarter resulting from selling general and administrative and other expenses.
The company suffered a net loss of $1.02 million. The loss in last quarter of 2012 was $0.29.
Petrosonic Energy, Inc. is Canada based company that works on processing of oil. It carries out de-asphalting and separation of asphalt from heavy crude oil, waste oils and oil sands.
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