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Broker Exploring Expansion To International Markets
Broker and energy risk management firm EMEX, LLC, in announcing certain data for the six months ended June 30, 2017, said that it is currently exploring markets in Mexico, Canada, Japan, and the United Kingdom.
Regarding first-half 2017 results, EMEX said that, as a result of acquisition activities and increased operational efficiencies, "EMEX realized a 55% increase in revenue as compared to the first two quarters of 2016 and an 826% increase in net income as compared to the same period." Apart from the percent change, EMEX did not disclose the underlying values for such metrics
EMEX currently has approximately 14 billion kWh and 120 million therms under contract.
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August 8, 2017
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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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