星期六, 5 7 月, 2025
Home PV News Renewable Energy Generation Posts Profit In FY10

Renewable Energy Generation Posts Profit In FY10

Renewable Energy Generation Limited announced its preliminary results for the year ended 30 June 2010 posting profit attributable to equity holders of GBP 2.46 million or 2.38 pence per share, compared to loss of GBP 9.11 million or 8.83 pence per share last year, following the disposal of its Canadian subsidiary and the recycling of foreign exchange reserves associated with the disposal.


Loss for the year from continuing operations was GBP 2.98 million or 2.89 pence per share, wider than GBP 2.06 million or 2 pence per share last year.


Loss on continuing operations before taxation was GBP 3.49 million, wider than GBP 2.35 million a year ago.


Revenue increased to GBP 6.2 million from GBP 5.59 million a year earlier.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Al Kharsaah: A Pioneering Solar Power Plant in Qatar

Located 80 km west of Qatar's capital, Doha, the Al Kharsaah Solar PV Independent Power Producer (IPP) project is the country's first large-scale solar...

OMV Petrom Buys 50 Pct Stake in Gabare Solar Project

OMV Petrom S.A. has acquired a 50 percent stake in the Gabare solar project from Enery Element, a large-scale project in Byala Slatina, near...

RWE 7.5MW/11MWh battery energy storage start commercial operation in Netherlands

Power generation firm RWE has put a BESS in the Netherlands into commercial operation, its first that is capable of providing inertia to the...

Gurīn Energy selects Saft’s battery energy storage system for first Japanese project

Saft, a subsidiary of TotalEnergies, has been selected by leading Asian renewable energy developer Gurīn Energy to supply a battery energy storage system (BESS)...