Ripasso Energy announces correction in the half-year report for 2018

Ripasso Energy AB (publ) announces that corrections have been made in the company’s half-year report for 2018 since an internal review revealed discrepancies.    

Ripasso Energy has corrected its half-year report for 2018 since the company, during an internal review, detected discrepancies. These led to that the company’s profit/loss for the period was reported to SEK -10,318,000. The correct figure for the period was SEK -7,389,000. The company has adjusted the half-year report, which is now available on the company’s website. The report for the third quarter of the year that the company recently published is not affected by the correction.  

For further information please contact:

Gunnar Larsson, CEO of Ripasso Energy AB,  ir@ripassoenergy.com.

About Ripasso Energy

Ripasso Energy is a Swedish clean tech company founded in 2008 with a mission to further refine the incomparable ability of Stirling technology to convert thermal energy to electricity. The company offers a variety of solutions enabling power generation at record-low prices compared to other climate-friendly and sustainable alternatives. Ripasso Energy’s Stirling engine can handle a wide range of fuels. The company’s latest product, the PWR BLOK 400-F, converts industrial residual and flare gases into electrical energy at a high rate of efficiency. The company’s shares are listed in Sweden (on the NGM Nordic MTF), and can also be traded on the Börse Stuttgart in Germany. Read more at www.ripassoenergy.com.