Wigton Energy has posted a net loss of $100 million on revenues of $370 million as at the end of December last year.
The company says its average capacity utilization fell to 78 per cent during the quarter ended last December, compared with 91 per cent during the corresponding period in 2023, contributing to the net loss.
The company is also reporting that its net profits fell to $228 million during the period April to December of last year, compared with $490 million during the corresponding period in 2023.
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