ReNu Energy Limited announced earnings results for the first half of financial year 2019. For the half year, the company announced revenues steady at AUD 0.95 million from the previous half year and up 104% from first half of financial year 2018. Loss after tax improved by 40% from the previous half year to AUD 1.37 million (loss) and by 53% from first half of financial year 2018.

As previously stated, the Company is targeting a 9MW increase in installed generation in 2019 to increase revenue and move the Company to cash flow positive earnings.