Pacifico Renewables Yield AG Reports Earnings Results for the First Half Year of 2020
September 30, 2020 at 01:29 am EDT
Pacifico Renewables Yield AG reported earnings results for the first half year of 2020. Favorable weather conditions resulted in higher than expected revenues and continuously strong margins. With a consolidated net income of €0.3 million, the group reported a profit for the first time. On this basis, the group generated €9.0 million of revenue and an operating cash flow of €5.7 million in the first half of 2020. The consolidated net income for the period was €0.3 million.