Czech power company CEZ says its net profit in the first half of 2024 totaled $912 million, down 5%

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Czech Crowns,Nuclear Power Plants,Net Profit

PRAGUE (AP) — The dominant Czech power company CEZ said on Thursday its net profit totaled 21.1 billion Czech crowns ($912 million) in the first half of the ...

The dominant Czech power company CEZ said on Thursday its net profit totaled 21.1 billion Czech crowns in the first half of the year, down 5% from the same period a year earlier. CEZ attributed the result to lower profits from commodity trading and the impact of maintenance of its two nuclear power plants. It said it expects net profit for the entire year to total 25 billion to 30 billion Czech crowns.

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