Kenon (KEN) has released an update.
Kenon Holdings Ltd. reported favorable legal outcomes in China and Peru, distributed a significant cash dividend of $3.80 per share, and observed a substantial investment interest in its U.S. renewable energy projects. Despite a decline in Q1 2024 net profit for OPC, the company’s adjusted EBITDA showed improvement, while ZIM Integrated Shipping Services shifted from a loss to a robust net profit and improved adjusted EBITDA compared to Q1 2023.
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