The profit of British Gas increased by 10 times

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The operating profit of the largest British supplier of gas British Gas for the first half of the year grew almost ten times, having made £969 ($1,26 billion). Its revenue grew by 133%, to £11,9 billion ($15,5 billion). Company Centrica which possesses British Gas, finished half-year with revenue of £16,5 billion ($21,4 billion) — growth by 60% in comparison with the same period of 2022. The operating profit of Centrica grew by 61,5%, to £2,1 billion ($2,7 billion). Good results of companies are connected first of all by that Office of Gas and Electricity Markets raised a ceiling of gas prices. It allowed...
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British Gas
Organizations
Ofgem
Main activity:Production and distribution of the electric power, gas and water