ICRT Radio News
Date: 2018-07-17

Tai-Power recorded losses of 24-billion N-T in the first half of the year,
making it the only one of four state-run enterprises operated under the
Ministry of Economic Affairs to see a decline in revenue.

Tai-Power is attributing the losses to higher fuel prices and the company’s
being forced to increase its electricity output from natural gas generators
in accordance with the government’s air pollution control and coal-reduction
policies.

The company had a deficit of 7.1-billion N-T in the same period of last year.

The other three state-operated companies Taiwan Sugar, Taiwan Water
Corporation, and oil refiner C-P-C all saw profits in first half of this
year.

Data shows that C-P-C generated 29.4-billion N-T in pretax profit.

Taiwan Sugar recorded a pretax profit of 3.3-billion N-T.

While Taiwan Water made a pretax profit of 222-million N-T in the first half
of this year.    [SOURCE]