Energy firm SSE reports near doubling of annual profits - I Newz360

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Wednesday, May 24, 2023

Energy firm SSE reports near doubling of annual profits

Soaring energy market prices boosted revenues from Perth-based firm’s fossil fuel power plants

SSE has reported a near doubling of its annual profits compared with the year before after soaring energy market prices led to a boom for its fossil fuel power plants.

The Perth-based company said its adjusted pre-tax profits climbed to £2.18bn for the 12 months to the end of March, up from almost £1.16bn the year before.

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from The Guardian https://ift.tt/8Q3dSTU

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