tepco posts 976 bn fullyear net loss
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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TEPCO posts $9.76 bn full-year net loss

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Arab Today, arab today TEPCO posts $9.76 bn full-year net loss

Tokyo - AFP

TEPCO, the operator of the crippled Fukushima Daiichi nuclear plant on Japan's northeast coast, said Monday that it lost a higher-than-expected $9.67 billion in the year to March. The embattled company said its 781 billion yen came in a year in which it was hit with massive costs to deal with reactor meltdowns, as well as increased imports of fossil fuels to make up for a nuclear power shortfall.

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