India, Aug. 8 -- Boralex Inc. (BLX.TO), Friday announced second-quarter financial results, reporting a net loss of C$4 million, compared with a net profit of C$17 million, last year.
Operating income decreased to C$34 million from C$35 million in the previous year.
EBITDA was C$113 million compared to C$130 million in the prior year.
The decline in EBITDA was mainly due to lower prices of short-term power purchase contracts in France and, on a consolidated basis, to a reduced share in net losses of joint ventures and associates in North America.
Total revenues from energy sales amounted to C$185 million compared to last year's C$180 million.
Currently, BLX is trading at C$29.34, down 4.15 percent on the Toronto.
For comments and feedb...