Fukushima operator books $4.3 bn profit on bailout, rate hike
Tokyo (AFP) April 30, 2014 - The operator of Japan's crippled Fukushima nuclear plant said Wednesday it booked a $4.3 billion annual net profit owing to an electricity rate hike and a massive government bailout following the 2011 disaster. Tokyo Electric Power (TEPCO) was teetering on the brink as cleanup and compensation costs stoked huge losses and threatened to collapse the sprawling utility until Tokyo stepped with ... more
No comments:
Post a Comment