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How Eskom doubled its profit to R30.3bn despite selling less power

iol.co.za ·South Africa · economy
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Eskom reported a profit after tax of R30.3 billion for the year ending in March 2026. This amount is more than double the previous profit. The financial gain occurred even though electricity sales dropped by 6.2%.

Eskom’s profit after tax more than doubled to R30.3 billion in the year ended March 2026, despite a 6.2% fall in electricity sales.

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