Eskom Reports Disappointing Interim Results

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Eskom,Power Utility,Interim Results

Eskom, the South African power utility, has released its interim results for the first half of the year. The company reported a net profit of R1.6 billion, down from R3.8 billion in the previous year. However, Eskom is expecting to make a loss of around R24 billion by the end of the year. The interim CFO, Martin Buys, expressed disappointment with the results.

Eskom , the South African power utility , has released its interim results for the first half of the year. The company reported a net profit of R1.6 billion, down from R3.8 billion in the previous year. However, Eskom is expecting to make a loss of around R24 billion by the end of the year.

The interim CFO, Martin Buys, expressed disappointment with the results.

Source: News Formal (newsformal.com)

Eskom Power Utility Interim Results Net Profit Loss Martin Buys

 

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