ROSTOCK (dpa-AFX) - German wind turbines maker Nordex Group (NRDXF.PK) reported nine-month net income after tax of $0.69 million, up by 132.5% from the year-ago period. Net income before tax amounted to $0.95 million, a 119.5% increase year-over-year.
Revenue of $14.76 million for the nine-month period increased by 16.4% from the previous year's comparable nine-month period.
President and Chief Executive, Jim Taylor, stated: 'Nordex continues to maintain profitable operations while continuing to expand the footprint for the Corporation's suite of explosives products, services and solutions. With the implementation of our 'Product & Blast Optimization' initiative we have received positive response from existing customers, and look forward to providing innovative blasting solutions to new clients in new jurisdictions.'
Copyright RTT News/dpa-AFX