Abco Energy, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 23, 2021 at 03:01 pm EDT
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ABCO Energy, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 432,673 compared to USD 207,239 a year ago. Operating income was USD 86,450 compared to operating loss of USD 318,142 a year ago. Net income was USD 44,518 compared to net loss of USD 18,431 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the half year, sales was USD 768,399 compared to USD 522,031 a year ago. Operating loss was USD 38,130 compared to USD 377,699 a year ago. Net loss was USD 49,183 compared to USD 371,205 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.08 a year ago.
ABCO Energy, Inc. is in the photo voltaic (PV) solar systems industry, the light-emitting diode (LED) and energy efficient lighting business, is an air conditioning system contractor (HVAC) and is an electrical product and services supplier. The Company sells and installs Solar Photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. These products are installed by its crews and are purchased from both the USA and offshore manufacturers. It also sells and installs energy efficient lighting products, solar powered streetlights, and lighting accessories. It contracts directly with manufacturers to purchase its lighting products which are sold to residential and commercial customers. Its solar offers solar systems operations and maintenance services to residential and commercial customers that have solar systems built by it or other solar installers. It operates and maintains systems in many cities in Arizona.
ABCO ENERGY, INC. 
