Alvopetro Energy Ltd. Q2 Profit Rises

(RTTNews) - Alvopetro Energy Ltd. (ALV.V) announced earnings for its second quarter that Increased, from the same period last year

The company's bottom line totaled $9.76 million, or $0.26 per share. This compares with $6.83 million, or $0.18 per share, last year.

The company's revenue for the period rose 35.2% to $18.05 million from $13.35 million last year.

Alvopetro Energy Ltd. earnings at a glance (GAAP) :

-Earnings: $9.76 Mln. vs. $6.83 Mln. last year. -EPS: $0.26 vs. $0.18 last year. -Revenue: $18.05 Mln vs. $13.35 Mln last year.