Business News • MarketWire • NexgenRx Announces Its 2012 Third Quarter Results |
NexgenRx Announces Its 2012 Third Quarter Results |
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NexgenRx Announces Its 2012 Third Quarter Results
TORONTO, ONTARIO--(Marketwire - Nov. 16, 2012) - NEXGENRX INC. ("NexgenRx" or the "Corporation") (TSX VENTURE:NXG) is pleased to report financial results for its third quarter, ended September 30, 2012.
Revenue for the quarter increased by 10.2% compared to the same period last year, resulting in an 11.5% increase in gross profit. Other expenses of $822,934 were lower by 7% due to savings from the IT infrastructure project implemented in June of last year in addition to improved debt and equity management.
View More : http://www.marketwire.com/mw/release.do?id=1727688&sourceType=3
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