Infigen Energy delivers strong financial performance, NPAT up by 24%

Australia’s one of the leading renewable energy producer, Infigen Energy (ASX: IFN) in its half-yearly report showcased effective financial results. The trend of Australian Commercial and Industrial customers shifting towards green energy prompted the increase in Infigen’s renewable energy sales by 17%.

The key financial highlights for the H1FY20 results ending 31 December 2019 are the following:

  • Net Revenue increased to $134.3 million acknowledging the rise of 13%
  • Underlying EBITDA of $98.2 million observing growth by 11%
  • 24% increase in NPAT to $26.2 million
  • The interim dividend of 1 cent declared per security

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