NEPCO accumulated losses reach JD5.13 billion in 2021

[04-07-2022 09:39 AM]

Ammon News - The National Electric Power Company (NEPCO) on Sunday announced that its accumulated losses have amounted to JD5.13 billion in 2021, compared to JD4.98 billion in 2020, more than 75 per cent of the paid-up capital.

According to NEPCO’s yearly financial report, the company's losses in 2021 amounted to JD152.8 million, compared to JD61.7 million in 2020.

The report indicated that NEPCO’s current liabilities exceeded its current assets by JD3.5 billion.

  • no comments

All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
show email
comment : *
Verification code : Refresh
write code :