Browse related articlesTaqa earnings jump sixfold
United Arab Emirates: Thursday, May 01 - 2008 at 07:14
Abu Dhabi National Energy Co (Taqa) has reported that its first quarter profit jumped more than sixfold, boosted by its $4.94bn purchase of Canada's Prime-West Energy Trust, reported Reuters. Taqa said it earned Dhs397m ($108m), or Dh0.10 a share, in the three months ended March 31, up from Dhs64m, or Dh0.015 a share, a year earlier. Taqa is 75% owned by the Abu Dhabi Government.
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Jeff Florian, Senior ReporterThursday, May 01 - 2008 at 07:14 UAE local time (GMT+4)
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