- UK's Drax Power reports highest EVER profits and,er,"blames" Putin's Ukraine invasion.. Archived Message
Posted by Jim_Carlucci
on May 9, 2023, 4:22 pm
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Utterly illogical. The same story with the many oil companies and banks who've likewise gleefully reported either record or massive profits since the Ukraine invasion/war kicked. Putin's to "blame". Cheers. And record or massive bonuses will have to be endured because of evil Putin and the financial,er,"crisis" that he's so wickedly unleashed. More champagne, darlings? https://www.energylivenews.com/2023/04/27/drax-plans-150m-share-buyback-following-record-profits/ "Drax Plans £150m Share Buyback following Record Profits": "Drax has reported its highest annual profits ever and is set to give shareholders a £150 million payout. Drax’s 2022 profits rose to £731 million, up from £398 million the previous year. The company’s strong performance was partly due to record electricity prices, which surged after Russia’s invasion of Ukraine." |
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