Taqa Profits Soar

摘要

Abu Dhabi National Energy Co. (Taqa) saw profits soar 600% year-on-year in the first quarter of 2010 on the back of higher oil prices (IOD Feb.16,p6). Profits totaled 287 million dirhams ($78.6 million), up from 40 million dirhams last year, it said. Revenues increased by 14% year-on-year to 4.77 billion dirhams.