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Results 'a clear demonstration of our ability to grow the business' - Mytrah's Bob Smith

Published: 00:25 13 Jun 2017 AEST

Bob Smith, executive vice president of Mytrah Energy Ltd (LON:MYT) talks through their results for the year to the end of December 2016.

The group reported underlying pre-tax profit rose to US$4.6mln in the year to 31 December 2016 from US$2.15mln a year earlier.

Revenue jumped to US$362.23mln from US$74.72mln, driven by 72% growth in power generation capacity.

Capital Network's Stacey: 2017 is the year Mytrah Energy will unlock value

Ed Stacey, analyst at Capital Network discusses the performance, outlook and valuation of India-based renewable energy company  Mytrah Energy. He believes 2017 is the year Mytrah Energy will start becoming more profitable and unlock further value for investors.

on 25/1/17