Essar Energy Posts H1 Loss
Essar Energy PLC (OTC: ESSRF) swung to a pretax loss for the six months to Sept. 30.
Essar Energy posted a pretax loss of 282.8 million dollars for the period, versus a year-ago profit of 278.5 million dollars.
Its revenue gained to $12.8 billion from $6.53 billion, while operational EBITDA surged 18% to $382.9 million from $324.4.
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