Maxim Power (TSE:MXG) has released an update.
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Maxim Power Corp. reported increased revenue for the second quarter of 2024, attributed to the continued operation of Milner 2, after being offline the previous year due to a fire. However, the company experienced a decline in net income and adjusted EBITDA compared to 2023, owing to the end of business interruption claims and an unplanned outage that affected power prices.
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