SelectCore records a Net Profit of $971,365 for year-end 2016

SelectCore records a Net Profit of $971,365 for year-end 2016

ID: 539481

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 05/01/17 -- SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE: SCG), a leader in prepaid payment solutions, is pleased to announce its financial statements for the year ending December 2016 resulting in a net profit of $971,365 for the year.

"We continue to improve on our financial condition, and we continue to make progress on our balance sheet fix as noted with the recently announced $2.749 million debt reduction. The timing of our improving financials could not be better as we are in the midst of transforming from a singular prepaid card solution to a full suite FINTECH solution," commented Mohammad Abuleil, President of SelectCore.

Financial Statements and MD&A of year-end 2016 have been filed on SEDAR.



Contacts:
SelectCore Ltd.
Mohammad Abuleil
(866) 825-1267 ext. 246



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Bereitgestellt von Benutzer: Marketwired
Datum: 02.05.2017 - 02:43 Uhr
Sprache: Deutsch
News-ID 539481
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO



Kategorie:

Personal Finance



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