GREY:XEBEQ - Post by User
Comment by
Ciaoon Mar 14, 2021 5:08pm
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Post# 32795733
RE:RE:RE:ZouZS3
RE:RE:RE:ZouZS3 Where did you read that they expected a 30% reduction due to Covid? The NR indicated that the impact was on the RNG side and it itemized $ values. That totaled $12.9M. There was nothing said about the hydrogen side of the business.
They cancelled and didnt't deliver some contracts ($7.3M) to cut their losses, the RNG systems are WIP and sitting in inventory to be retroftted as needed to other systems.
Newtrader1982 wrote:
This is where I got 12 million from they may very well be 17 million I was just pointing out they were expecting to have a 30 percent reduction due to covid.