FRANKFURT (Reuters) - Uniper on Tuesday posted a 83% decline in first-quarter net profit, hurt primarily by its trading and storage division which incurred losses due to the sale of gas volumes bought
Uniper's Net Profit Drops 83% in First Quarter
FRANKFURT (Reuters) - Uniper on Tuesday posted a 83% decline in first-quarter net profit, hurt primarily by its trading and storage division which incurred losses due to the sale of gas volumes bought during the energy crisis.
First-quarter net profit came in at 82 million euros ($93 million), down from 477 million a year earlier, the state-owned company said.
($1 = 0.8833 euros)
(Reporting by Christoph Steitz, Editing by Friederike Heine)
