Maxim Power (TSE:MXG) has released an update.
Maxim Power Corp. reported increased revenue for the second quarter of 2024, attributed to the continued operation of Milner 2, after being offline the previous year due to a fire. However, the company experienced a decline in net income and adjusted EBITDA compared to 2023, owing to the end of business interruption claims and an unplanned outage that affected power prices.
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