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Universal Energy Group Ltd.

10:39 AM EST - Universal Energy Group Ltd. : on Thursday reported first-quarter net loss of $1.50 million or $0.04 per share, compared to a net profit of $6.8 million or $0.44 per share in the year-ago quarter. Quarterly revenues grew to $80.1 million from $46.57 million in the comparable period last year. Universal Energy Group Ltd. shares T.UEG are trading up 1 cent at $15.31.