echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Petrochemical News > Abu Dhabi National Energy Corporation's net income of US$380 million in the first quarter

    Abu Dhabi National Energy Corporation's net income of US$380 million in the first quarter

    • Last Update: 2021-06-07
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Sinopec News.


    Due to the significant increase in the contribution of the oil and gas business and the inclusion of AED 1.


    Taqa has achieved strong performance with its stable contracts and regulated utility business.


    As a result, Taqa announced a group revenue of 10.


    EBITDA was 4.


    Cao Haibin is an excerpt from Arab News

    The original text is as follows:

    Taqa Group reports Q1 net income of $380m

    Abu Dhabi National Energy Company(Taqa), one of the largest listed integrated utilities in the region, reported net income of AED1.


    This was an increase of around AED2 billion, owing to significantly higher contribution from the Oil & Gas segment and the fact that Q1 2020 included an AED1.


      Taqa delivered strong performance underpinned by its stable contracted and regulated utilities businesses.


      Consequently, Taqa posted group revenues of AED10.


      EBITDA was AED4.


    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.