Investegate |ContourGlobal PLC Announcements | ContourGlobal PLC: Preliminary Results Announcement
Investegate announcements from ContourGlobal PLC, Preliminary Results Announcement
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Investegate announcements from ContourGlobal PLC, Preliminary Results Announcement
is expected to post a strong set of results for its financial year ended Dec 31,2020 (FY20) on the back of higher availability factor, despite some margin pressure coming from the resources and packaging segments due to freight-related issues, said PublicInvest Research. The availability factor for the company’s Don Sahong hydropower station in Laos in the fourth quarter of FY20 is expected to be higher than the third quarter of FY20’s 92.2%, given the higher water level during the wet period. The availability factor of a power plant is the percentage of the time that it is available to ...