Czech power company reports $984 million profit in 2024
PRAGUE, Czech Republic: Czech energy giant CEZ has reported a net profit of 23.4 billion Czech crowns ($984 million) for the first three quarters of 2024, marking a 27.3 percent drop from the same period last year.
The company announced that the decline, amounting to 6.4 billion crowns, is primarily attributed to reduced earnings in trading and mining.
Despite the decrease in profit, CEZ is moving forwar