Solar Energy Initiatives Inc.'s (SNRY.OB) first-quarter net loss was $0.99 million compared with a loss of $0.87 million last year, primarily reflecting its expenses relating to business activities that have been incurred ahead of its ability to recognize material revenues from its business plan.
For the three months ended October 31, 2009, the company recorded revenues of $1.01 million compared with $240,115 for the period ending October 31, 2008, reflecting dealer training, a municipality project and sales of solar systems and equipment.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.