Etrion Releases First Quarter 2022 Results.
May 26, 2022, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”, and, together with its subsidiaries, the “Group”) released today its condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2022. Q1-2022 HIGHLIGHTS · Etrion closed the first quarter of2022 with an unrestricted cash balance of US$18.1 million and a positive working capital of US$17.1 million. · The Company sold all the solar assets in 2021 and is not developing any new project in the first quarter 2022.