Taqa reports Q1 profit increase

13 May 2010

Abu Dhabi National Energy (Taqa) has reported an increase in Q1 profit to Dhs287m ($78m) from Dhs40m a year earlier, Bloomberg has reported. Taqa also said sales rose 14% to Dhs4.78bn. The company had its first quarterly loss in the last three months of 2009.

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