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Kenon: 1Q Earnings Snapshot

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  • KEN

SINGAPORE (AP) _ Kenon Holdings Ltd. (KEN) on Thursday reported a first-quarter loss of $12 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Singapore-based company said it had a loss of 24 cents. Losses, adjusted to account for discontinued operations, were 23 cents per share.

The holding company posted revenue of $97 million in the period.

Kenon shares have increased 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $18.79, a climb of 19% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KEN at https://www.zacks.com/ap/KEN

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