CN Energy management cites $33.2 million credit — loss allowance as driver of $49.5 million net loss in six months to March 31, 2026
Management commentary for the six months ended March 31, 2026 showed revenue up 8.2% to $17.7 million, driven by higher activated carbon pricing. Average selling price rose to $1,200 per ton from $1,111; volume slipped to 14,675 tons from 14,744. Cost of revenue climbed 10% to $17.5 million as average unit cost increas