Briefing 2024-02-11
February 11, 2024 00:00:00
Investors to get the taste of deception,
as energy policy tilts towards coal
Oil-fired power plants' downward trend in revenue and profit will only get worse in the years to come as the government has decided to rely more on cheaper coal and gas for electricity. A majority of the listed oil-based electricity producers have shown a poor performance in the latest earnings reports. Page 9
