PHOTO
DUBAI, May 11 (Reuters) - Abu Dhabi National Energy Co (TAQA), the state-owned oil explorer and power supplier, swung to a first-quarter net loss, it said on Wednesday.
TAQA, majority-owned by Abu Dhabi's government, made a net loss attributable to equity holders of 608 million dirhams ($165.5 million) in the three months to March 31, versus a net profit of 256 million dirhams in the same period of 2015, it said in a bourse statement.
($1 = 3.6730 UAE dirham)
(Reporting By Tom Arnold; editing by Matt Smith) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))
TAQA, majority-owned by Abu Dhabi's government, made a net loss attributable to equity holders of 608 million dirhams ($165.5 million) in the three months to March 31, versus a net profit of 256 million dirhams in the same period of 2015, it said in a bourse statement.
($1 = 3.6730 UAE dirham)
(Reporting By Tom Arnold; editing by Matt Smith) ((Tom.Arnold@thomsonreuters.com; +97144536265; Reuters Messaging: tom.arnold.thomsonreuters.com@reuters.net))