Energy Groups of Czech Billionaire Book $7.8 Billion Core Earnings in 2023    

Energy Groups of Czech Billionaire Book $7.8 Billion Core Earnings in 2023    

OilPrice.com

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Energy firms held by Czech billionaire Daniel Kretinsky have reported core earnings of $7.8 billion (7.3 billion euros) for 2023, Reuters reported on Thursday.   The energy assets of Kretinsky’s EP Corporate Group include the flagship energy holding EPH, which reported today core earnings – or earnings before interest, tax, depreciation, and amortization (EBITDA) – of $3.85 billion (3.6 billion euros). This was down by 17% compared to the record EBITDA from 2022, when oil and gas prices surged following the Russian…

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