Uniper posts US$12.5 billion net loss
German utility Uniper SE, which secured a 15 billion euro (US$15.3 billion) state bailout last month, reported a net loss of 12.3 billion euros for the first half of this year, mainly due to lower Russian gas supplies that forced it to buy at higher prices elsewhere. “Uniper has, for months, been playing a crucial role in stabilizing Germany’s gas supply — at the cost of billions in losses resulting from the sharp drop in gas deliveries from Russia,” chief executive Klaus-Dieter Maubach said. Uniper, Germany’s largest importer of Russian gas, said more than half of the net loss was d...
Source: taipeitimes.com
