Sales of thermal energy from the Miskolc geothermal project were up, generating revenue of HUF 700 mln, an increase of 11% from last year. Direct cost of sales rose to HUF 615 mln from HUF 502 mln.
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Monday, May 18, 2015
Hungary:
PannErgy Reports Increased Geothermal Energy Revenue (Budapest Business Journal)
Hungarian geothermal-energy company PannErgy had consolidated net earnings of HUF 118 mln in the first quarter of this year in spite of a decrease in the selling price of thermal energy and high electricity prices, state news agency MTI reported.
Sales of thermal energy from the Miskolc geothermal project were up, generating revenue of HUF 700 mln, an increase of 11% from last year. Direct cost of sales rose to HUF 615 mln from HUF 502 mln.
Read More.......
Sales of thermal energy from the Miskolc geothermal project were up, generating revenue of HUF 700 mln, an increase of 11% from last year. Direct cost of sales rose to HUF 615 mln from HUF 502 mln.
Read More.......
