OPC Energy Ltd. Shows EBITDA Growth Amid Losses

Kenon (KEN) has released an update.

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.

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