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Pure Energy Services Ltd. announces Q2 2011 Financial Results

CALGARY, Aug. 12, 2011 /CNW/ - Pure Energy Services Ltd. ("Pure" or "the Corporation") (TSX:...

articleHayasa Metals Inc.August 12, 20113/company/hayasa-metals-inc/news/pure-energy-services-ltd-announces-q2-2011-financial-results
Pure Energy Services Ltd. announces Q2 2011 Financial Results

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[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Aug. 12, 2011 /CNW/ - Pure Energy Services Ltd. (\"Pure\" or \"the Corporation\") (TSX: PSV) is pleased to announce its financial and operating results for the three\n and six-month periods ended June 30, 2011 (\"Q2 2011\").  The financial\n results presented for Q2 2011 and all comparative information have been\n prepared in accordance with International Financial Reporting Standards\n (\"IFRS\") with effect from January 1, 2010. For more information on the\n Corporation's transition to IFRS refer to the \"Changes in Accounting\n Policies - Adoption of IFRS\" section of this news release. Unless\n otherwise indicated, references in this news release to \"$\" or\n \"Dollars\" are to Canadian dollars.\n\n\n\n\n\nSELECTED CONSOLIDATED FINANCIAL INFORMATION  \n\n\n \n\n\n \n\n\n(Unaudited)\n\n\n      Three months ended June 30,\n\n\n      Six months ended June 30,\n\n\n($000's, except per share amounts)\n\n\n      2011\n\n\n2010\n\n\n      Change\n\n\n      2011\n\n\n2010\n\n\n      Change\n\n\nContinuing operations\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nRevenue\n\n\n      $  40,877\n\n\n      $  32,402\n\n\n            26%\n\n\n      $101,849\n\n\n      $   74,549\n\n\n            37%\n\n\nGross margin\n\n\n      $    6,197\n\n\n      $    4,753\n\n\n            30%\n\n\n      $ 26,405\n\n\n      $   15,880\n\n\n            66%\n\n\nGross margin %\n\n\n            15%\n\n\n            15%\n\n\n &#xA0...

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