Paladin Energy Limited
(ASX:PDN) has posted a net loss of $247.7 million in its third quarter update.
The uranium producer has blamed the result on the $US98.2 million de-recognition of the Kayelekera Mine and finance costs relating to interest payable on the outstanding convertible bonds and project finance loans.
Combined production for the nine months increased of 26 per cent.
Sales revenue increased by 25 per cent from $US240 million in 2012 to $US301 million in 2013.
Paladin Energy posted a net loss of $215.3 million in the first half of the current financial year.
