10:15 AM EST - Canext Energy Ltd. : on Wednesday posted December quarter net income of $0.75 million or $0.03 per share compared to a loss of $0.18 million or $0.01 per share in the sequential quarter. Cash flow for the quarter increased to $0.42 million or $0.02 per share from $0.22 million or $0.01 per share in the previous quarter. Quarterly revenues increased 70% to $1.14 million from $0.67 million sequentially. Canext Energy Ltd.
shares T.CXT are trading down 8 cents at $0.52.
