Global EcoPower Société Anonyme Announces Consolidated Earnings Results for the First Half of 2017
Global EcoPower Société Anonyme announced consolidated earnings results for the first half of 2017. For the first half period, the company’s turnover was EUR 12,670,000 against EUR 9,345,000 a year ago. EBITDA was EUR 1,347,000 against EUR 623,000 a year ago. Current operating income was EUR 1,354,000 against operating loss of EUR 245,000 a year ago. Net income of the consolidated group was EUR 659,000 against net loss of EUR 882,000 a year ago. This significant improvement in EBITDA is due to the margin generated by the power plant of Perles, with a capacity of 12.3 MW.