Titas Gas returns to profit following reduction in system loss

Titas Gas has posted a profit for the July-September quarter, driven by a significant decline in system loss to 5.91%.

Titas Gas returns to profit following reduction in system loss

Titas Gas Transmission and Distribution Company Limited has returned to profitability during the July-September quarter. The company attributed this financial turnaround primarily to a successful reduction in system loss.

According to the data, system loss dropped by 4.05 percentage points year-on-year, reaching 5.91% for the period. This is a notable improvement compared to the 9.96% system loss recorded during the same quarter of the previous year.

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