Ballard Power Systems’s Loss Up 77% to $48.9 Million

The quarter saw a total revenue of $46.8 million, marking a 132% YoY increase

March 13, 2024

/ Gautamee Hazarika
/ Other, Renewable Energy
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Fuel cell manufacturer Ballard Power Systems has reported a net loss of $48.9 million in the fourth quarter (Q4) of 2023, an increase of 77.17% year-over-year (YoY) from a net loss of $42.9 million, as operational expenses surge.

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Gautamee Hazarika

More articles from Gautamee Hazarika.
AdaniBallard PowerFuel CellHydrogennet lossOperating CostsRevenue
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