Zenith Energy Ltd.OSL: ZENA

ZENA: Net profit reached CAD $5.7 million, driven by cost cuts and other income, despite lower revenue

· Issued by 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.