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BRIEF-Caribbean Utilities Reports Q2 Net Earnings Of $4.5 Mln

Published 2020-07-31, 10:34 p/m
© Reuters.
CUPu
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July 31 (Reuters) - Caribbean Utilities Company Ltd CUPu.TO :

* CARIBBEAN UTILITIES COMPANY, LTD ANNOUNCES UNAUDITED RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30 2020

* NET EARNINGS FOR Q2 2020 TOTALLED $4.5 MILLION, A DECREASE OF $3.4 MILLION FROM $7.9 MILLION FOR Q2 2019

* SALES FOR Q2 2020 TOTALLED 165.5 MILLION KWH, A DECREASE OF 7.5 MILLION KWH IN COMPARISON TO 173.0 MILLION KWH FOR Q2 2019

* EARNINGS ON CLASS A ORDINARY SHARES FOR Q2 2020 WERE $0.13 PER CLASS A ORDINARY SHARE

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