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Emirates News Agency - TAQA Group reports net income of AED6.0 billion in 2021

ABU DHABI, 11th February, 2022 (WAM) Abu Dhabi National Energy Company (TAQA) today reported consolidated financial results for the year ended 31st December 2021 with net income (TAQA-share) of AED6.0 billion, an increase of AED3.2 billion, thanks to greater contribution from the Oil & Gas segment and reflecting the AED1.5-billion post-tax impairment charge in the previous year.

The Group revenues of AED45.7 billion, 11 percent higher than the prior-year period, primarily due to higher commodity prices within the Oil & Gas segment, according to. ....

Saudi Arabia , United Kingdom , Abu Dhabi , Abuz Aby , United Arab Emirates , Mohamed Hassan Alsuwaidi , Jasim Husain Thabet , Saudi Aramco , Abu Dhabi National Energy Company , Oil Gas , Dhabi National Energy Company , Hassan Alsuwaidi , Husain Thabet , Chief Executive Officer , Managing Director , Taweelah Reverse Osmosis ,