CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

RWE profit falls 40pc

Published: 14 Aug 2014 - 10:09 pm | Last Updated: 21 Jan 2022 - 06:50 pm

The headquarters of German utility RWE in Essen. RWE said its operating profit fell 40 percent in the first half of 2014, putting it on track for its third straight year of declining earnings as low wholesale power prices and demand continue to burden Germany’s second-biggest utility.