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ZENA: Net profit reached CAD $5.7 million, driven by cost cuts and other income, despite lower revenue
ZENA: Net profit reached CAD $5.7 million, driven by cost cuts and other income, despite lower revenue
About this update from Zenith Energy Ltd.
Revenue declined year-over-year, but a sharp reduction in administrative expenses and significant other income led to a net profit of CAD $5.7 million. Ongoing arbitrations and new asset acquisitions are expected to shape future performance.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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