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Taqa Q3 profits fall 88%
- United Arab Emirates: Thursday, November 12 - 2009 at 11:04
State-controlled Abu Dhabi National Energy Co. (Taqa) has reported an 88% fall in third-quarter profit, as income from oil and gas sales fell, Bloomberg has reported. Net income had dropped to Dhs90m ($24.5m), from Dhs723m a year earlier, the energy producer said. Sales also dropped to Dhs3.9bn from Dhs4.5bn.
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StaffThursday, November 12 - 2009 at 11:04 UAE local time (GMT+4)
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