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OPC Energy Ltd. Shows EBITDA Growth Amid Losses
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OPC Energy Ltd. Shows EBITDA Growth Amid Losses

Kenon (KEN) has released an update.

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OPC Energy Ltd. reports significant financial growth in the first half of 2024, showcasing a robust 34% increase in adjusted EBITDA and a notable 50% rise in the same metric for the second quarter. Despite the positive EBITDA performance, the company experienced a net income loss, contrasting with the previous year’s profit. The financial review, presented by the Board of Directors, underscores substantial advancements and shifts in the company’s economic stance.

For further insights into KEN stock, check out TipRanks’ Stock Analysis page.

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