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Cinema Internet Networks Q1 net loss decreases
[January 03, 2013]

Cinema Internet Networks Q1 net loss decreases


Jan 03, 2013 (Datamonitor via COMTEX) -- Cinema Internet Networks, a provider of broadband internet services to hotels and university residences, has reported that net loss and comprehensive loss for the first quarter ended October 31, 2012 was $55,841, compared to net loss and comprehensive loss of $76,047 for the same quarter ended October 31, 2011.



Revenues for the first quarter ended October 31, 2012 were $3,499, compared to $2,525 for the same quarter ended October 31, 2011.

Gross profit for the first quarter ended October 31, 2012 was $3,012, compared to $2,121 for the same quarter ended October 31, 2011.


Total assets as of October 31, 2012 were $34,302, compared to $31,881 as of July 31, 2012.

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