Electric Fuel Corp. (New York) announced its results for the second quarter and for the six months ended June 30, 2001.
For the three months ended June 30, 2001, the company reported revenues of $1,034,000, compared with revenues of $632,000 reported for the same period in 2000. The company reported a net loss of $4.6 million, or $0.19 per share, compared with a net loss of $2.9 million, or $0.15 per share, reported for the same period in 2000.
Revenues for the six months ended June 30, 2001, were $1.8 million, compared with revenues of $1.3 million reported for the same period in 2000. Net loss for the six months was $8.0 million, or $0.36 per share, compared with a net loss of $5.3 million, or $0.30 per share, reported for the first six months of 2000.
