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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

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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.

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