Abco Energy, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 19, 2019 at 01:38 pm
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ABCO Energy, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was USD 459,616 compared to USD 558,726 a year ago. Operating loss was USD 49,851 compared to USD 114,099 a year ago. Net loss was USD 76,925 compared to USD 261,226 a year ago. For the half year, sales was USD 1.113 million compared to USD 1.081 million a year ago. Operating loss was USD 67,126 compared to USD 80,118 a year ago. Net loss was USD 595,760 compared to USD 214,283 a year ago.
ABCO Energy, Inc. is in the photo voltaic (PV) solar systems industry, the light-emitting diode (LED) and energy efficient lighting business, is an air conditioning system contractor (HVAC) and is an electrical product and services supplier. The Company sells and installs Solar Photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. These products are installed by its crews and are purchased from both the USA and offshore manufacturers. It also sells and installs energy efficient lighting products, solar powered streetlights, and lighting accessories. It contracts directly with manufacturers to purchase its lighting products which are sold to residential and commercial customers. Its solar offers solar systems operations and maintenance services to residential and commercial customers that have solar systems built by it or other solar installers. It operates and maintains systems in many cities in Arizona.
ABCO ENERGY, INC. 
