Eskom posts R83-million profit

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The company was able to reduce its debt to about R464-billion from around R484-billion in March.

Eskom has made an R83-million profit in the six months to September. The utility expects its financial performance to deteriorate in the second half of its financial year partly due to the current economic climate.

Courtesy #DStv403This compared to the R1.9-billion loss in the same period last year.
 

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🤣🤣🤣🤣🤣🤣🤣

Aibo! We a are currently load shedding! Nje

🤣🤣🤣🤣🤣🤣

What profit

our media is.....interesting

There's still Load Shedding...

Hey lona, today is the 15th of December not 1st of April.

Well done and as a result of a competent CEO for a change!!!

😒 ...

Figures too big for my modest little intellect to comprehend but I suppose it represents one heck of an improvement. Congratulations Mr. de Ruiter & Team Eskom.

There's no way Eskom can make profit man, the statement is incomplete, 'but projects a net loss of 2 billion'

Calm down. It’s interim results. Eskom itself has forecast a loss this year. Interim results always sound good.

R80-million profit? - So that means that the necessary adjustments, repairs and maintenance will be made so to not have loadshedding in the future?

Put a BIG asterisk next to this

Stop lying maan

😳

Eskom_SA is heading to the right direction, Thanks to it's competent CEO Andre de Ruyter 👊

Misleading

For which Financial Year end?

But projecting a 22 billion loss at year end, these are interim results.dont deceive us.

PROPAGANDA ON STEROIDS

Yeah right. Thuma Mina propaganda we are not stupid

From where?

Yeah, after bulldozing billions if not trillions, tsek!

You people are spin doctors of note. The media wing of thuma mina. Can't be taken seriously.

Hmm, go Monate ko ga Eskom_SA. But they won't even reduce tarrifs. It's all about them. Mnxim

Thabang____ White manager

Rubbish again

With a over 50 billion loss😂

😂😂😂

And that solves how many billions in debt?

Loadshedding created Profit let Eskom switch off the lights then for more profit.

It is a monopoly which is performing badly and needs to be bailed out

😂😂😂😂😂😂😂😂😂😂

It's a lie.

Ka January tlabe ba kopa bailout.

Before politicizing financial performance of Eskom, look at their financial statements, Statement of Comprehensive income will inform profit of R83 million between April and September, and Cash flow statement the end of financial year may reflect an increase of R2billion loss.

koko_matshela Kgomo389 🙂🙂☺☺☺☺

😂😂😂

All this profit but they fight us poor citizens and force 25% increase in electricity tariffs on us

Hang on, eskom is broke, more load shedding, and they posted 83 million profit?

For the rip off price for electricity its no wonder .

😂😂😂😂 heheee maaka.who's fooling who ?

kabelodick Fake, they are making loss, they are counting money of loans guarantees

koko_matshela IrvinJimSA Julius_S_Malema

Wow yet the country is still going through Loadshedding but anyway khothi ndithule

Good... so thsr means no more loadshedding

🙄

They must do away with Eskom reduction nonsense

Profit profit?

Then why is the price of electricity being increased by so much.? BLOODY THIEVES

I'm assuming that since lockdown they may have saved on OPEX.

ESKOM POSTS 83MILLION PROFIT? HOW SO? We are hearing different stories every day about Eskom being bankrupt and needi g fu ding for upkeep and maintenance..... Something's not right in the State of Denmark. So how about a cut in costs for faithful paying consumers? 😐🤔😒

Lies!

Hebana how can you make profit when you’re in debt for more than 350billion please ppl balance me I’m lost😒😒😒

pR stunt

Interim results are always like this, even last year during Mabuza's term they posted profit but come year end they are projecting more than 20 billion loss.

😳

I believe its Lies & Propaganda. From R20billion loss published in October 2020 now its R83m profit over 6 months. Time will tell

Did you just mentioned Eskom and profit and on the same sentence 🤔

The ANC government must not take credit for this 83 million profit. Eskom management must get the credit. Keep Pravin Gordan very far away

This 83 million is going to someone's else pocket yet electricity is fucken expansive. 👎👎

Now, they should stop depressing us with load shedding!

If you love yourself and you hate poverty learn how to invest on Bitcoin trading platform.... Learn how to take risk to your financial breakthrough and invest wisely... God hate poverty. After thanking God than lisamarkdona

Doesn't this sound just like the secondwave of the Covid thing🤔🤔🤔? Suddenly eskom makes profit out of where? Which month was this? Bcs I just heard they were being bailed out with billions! Now profit of R83 million. I need to understand this equation unless is a lie

Sthule nje siyabuka!

😁😁😁😁😁😁😁😁😁😁I guess even a mill would have been a great success for this crumbling entity

Must have been cooked..

No someone explain this properly 😂😂 I know it's not a profit profit... Economists explain!

Step 1. Fix finances and minimize costs Step 2. Improve operational efficiency Step 3. Invest in infrastructure Step 4. Prevent ANC from even laying a finger on anything eksom Step 5. Enjoy the fruits

dudes... please!!

Does it really help making profits when the country is in the middle of stage 2 load shedding. The CEO had predicted few days old loadshedding in winter which turned out disastrous. I haven't read this article but the headline is too good to be true.

Im defeated 🤦‍♂️

Low reduction plus low shedding it is working for them but poor people suffer

I wonder how but if it's true, then may this be consistent. We must see more and more profits.

Even a blind man can see that its cooked up figures, eskom is lossing billions, now we blow our own horn about making a measly R83m..God save us from the media🤦‍♂️

Things are slowly changing for the better

But why are you lying?

Is that a trading result or is it boosted by paybacks from former suppliers?

Some articles deserves a MXM

You can't post profit if you've been bailed out..... Just saying.

Feeding us with lies eskom is straggling can't provide power to sa citizens

Profit from ripping us off wow,just hope some other power generation companies come to place to wipe that smug off yr faces 🙄

Is this even true though..

This could be the very last. Frame it please🥺

Thank you Minister Gordan & President Ramaphosa.

But how.

Thanks André de Ruyter for the hard work and tenacity. The ANC and EFF cadres will soon call you racist now that you're fixing their problems

They just say cos we won't Proof it....Damn Liars

Lies...

How?

Eskom and profit in the same sentence, hehehe, 2020 is getting even crazier.

The facts speak fir themselves. Any comment from MYANC corruption division and EFFSouthAfrica hatred brigade?

This is what happens when people are appointed on skills as apposed to race and B. E. E

Maybe they could use it to generate electricity?

😊Profit from the money recouped from thieves.. Kidding - this gives hope.

Good.Please recover all the stolen billions and stop asking for bailouts

But our coal is still wet, and loadshedding..

Kanjani?

Goes to show how bad cader deployment is for any business, even SOE's.

😂😂😂😂

Wow this man is really at work Well done Eskom_SA

Jobs saved!😃

😂😂Really?

I never believed in miracle till now.

Clone DeRuyter and send him to SAA!

I hope they won't loot it this, because when they heard about this many jackals will raise their eyes and ears

For services NOT delivered?

I owe you an apology to ever doubt your sincerity and professionalism. It’s was just like a dream to me when I received my first payment. After my second payment it became a reality now after several payments it has become a way of life. lisaMakT

koko_matshela

𝘐 𝘣𝘦𝘴𝘪𝘤𝘢𝘭𝘭𝘺 𝘵𝘩𝘰𝘶𝘨𝘩𝘵 𝘵𝘩𝘢𝘵 𝘪𝘵 𝘸𝘢𝘴 𝘢 𝘴𝘤𝘢𝘮 𝘶𝘯𝘵𝘪𝘭 𝘪 𝘥𝘦𝘤𝘪𝘥𝘦𝘥 𝘵𝘰 𝘨𝘪𝘷𝘦 𝘪𝘵 𝘢 𝘵𝘳𝘺 𝘫𝘶𝘴𝘵 𝘢 𝘭𝘪𝘵𝘵𝘭𝘦 𝘴𝘵𝘦𝘳𝘵 𝘶𝘱 𝘰𝘧 $1000 𝘢𝘯𝘥 𝘪 𝘨𝘰𝘵 $10,000 𝘪𝘯 5 𝘥𝘢𝘺𝘴 𝘪𝘵'𝘴 𝘸𝘢𝘴 𝘴𝘰 easy 𝘸𝘰𝘳𝘬𝘴 𝘰𝘶𝘵 sharon_trader1

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