South Africa's Eskom Achieves First Full-Year Profit in Eight Years Following Turnaround Efforts
16:53 30.09.2025 (Updated: 17:04 30.09.2025)
© telegram sputnik_africa
/ Subscribe
South Africa's Eskom Achieves First Full-Year Profit in Eight Years Following Turnaround Efforts
According to the South African state power, the achievement was driven by:
🟠government debt relief,
🟠new tariff structures,
🟠increased sales due to operational improvements,
🟠cost optimization efforts.
Eskom's annual report revealed a profit after tax of $927.24 million for the year ending March 2025, a significant turnaround from the $2.93 billion loss in the previous year.
Subscribe to @sputnik_africa
