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Eskom Sees ZAR23.2bln 2023-24 Net Loss, Matching Oct Estimate

SOUTH AFRICA
  • Eskom maintains its forecast for a net loss of ZAR23.2bln for the full year through March 31, 2024.
  • Net profit falls to ZAR1.62bln in the first half through Sept. 30 compared with ZAR3.84bln a year earlier, Eskom announced in its first-half results.
  • Reports net debt of ZAR408.62bln at Sept. 30.
  • First-half debt-servicing costs totaled ZAR49bln.

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