Agence France-PresseApril 30, 2013 06:33
The operator of Japan's crippled Fukushima nuclear plant said Tuesday it logged a whopping $7.0 billion fiscal year net loss as it faces ballooning compensation and energy imports costs.
The embattled utility at the centre of the worst nuclear accident in a generation said its year-to-March shortfall came in at 685.3 billion yen ($7.0 billion), smaller than a year-earlier loss of 781.6 billion yen.
But the latest figures were worse than a previous 120 billion yen loss estimate that TEPCO, or Tokyo Electric Power, announced just two months ago.
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