Non-recurring items render Pinnacle’s result negative

Although the Canadian pellet producer Pinnacle Renewable Energy Group Inc. of Vancouver, British Columbia, achieved growth of 26 % in sales revenue to 89.627m CAD (Jan.-March 2018: 71.022m CAD) in the first quarter of 2019, its result was impaired by considerably higher production costs of 66.5m CAD (48.5m CAD) caused ...

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