Africa
EthiopiaEthiopian Electric Power Reports 39.5 Billion Birr Profit, Exits 120 Billion Birr Loss
Ethiopian Electric Power announced a significant financial turnaround, moving from a 122 billion Birr debt to an unaudited profit of 39.5 billion Birr in the 2018 E.C. fiscal year.
Quorum · collective opinions
Ethiopian Electric Power Exits 120 Billion Birr Loss, Reports 39.5 Billion Birr Profit
First report 17h agoLast update 17h ago1 takes▲ 1
positive financial turnaroundpositiveShow 1 post
started 17h ago•Last update 17h ago
The reported shift from massive debt to substantial profit for Ethiopian Electric Power is a positive development, indicating improved financial management and operational efficiency.
iWitness comments
No comments yet — be the first to weigh in.