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Home BusinessSouth Africa’s Eskom annual net profit more than doubles to 30.3 billion rand

South Africa’s Eskom annual net profit more than doubles to 30.3 billion rand

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JOHANNESBURG, Aug 31 (Reuters) – South ​Africa’s state power ‌utility Eskom on ​Monday ​reported a profit ⁠after ​tax of ​30.3 billion rand ($1.88 billion) for ​the ​year ended March ‌2026, ⁠more than double its restated ​profit ​of ⁠14.0 billion ​rand a ​year ⁠earlier.

($1 = 16.1582 rand)

Reporting ⁠by ​Sfundo ​Parakozov; Editing by ​Kirsten Donovan.

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