AEM - 1st quarter results update is out!Results seem lousy!Gross Revenue is down 38.3 percent to 94m versus 152m last year. PROFIT before Tax is down 85.8 percent to 2.7m versus 19m. Profit margin is down 7.7 percent to 2.5 % versus 10.2%.

 AEM - 1st quarter results update is out!Results seem lousy!Gross Revenue is down 38.3 percent to 94m versus  152m last year. PROFIT before Tax is down 85.8 percent to 2.7m versus 19m. Profit margin is down 7.7 percent to 2.5 % versus 10.2%. 

The only consolation is Drbt/Equity ratio is of 0.3%. 

Is not a net cash position as it's cash on hands is 91m versus financial liability of 123.9m.

Pls dyodd.