Advertisement

Wigton profits dip despite higher revenue

 
Wigton Energy is reporting a sharp decline in profits, despite increased revenue for the year ended March 2026. 
 
The company posted net profit of $208.5 million, down approximately 31% from a year earlier. 
 
Revenue, however, rose by about 6% to just over $1.96 billion, reflecting growth in electricity sales. But higher operating costs weighed on performance. 
 
Finance expenses also remain significant, although lower than the previous year, while other income declined to roughly $405 million. 


comments powered by Disqus
Most Popular
PM reports progress in Cooper's Pen...
Oil prices rise more than $3 a barrel at...
10-year-old girl abducted and raped in...