Thursday 9 November 2017

UPDATE 1-UAE's TAQA posts Q3 loss after two quarters of profit

UPDATE 1-UAE's TAQA posts Q3 loss after two quarters of profit:

"Abu Dhabi National Energy Company (TAQA) reported on Thursday a narrower loss in the third quarter from a year earlier, after small profits in the previous two quarters. The state-owned oil explorer and power supplier made a loss attributable to shareholders of 194 million dirhams ($52.8 million) in the three months ended Sept. 30, it said in a statement to the stock exchange. That compared with a 524 million dirhams net loss during the same period a year ago."



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