The company posted a loss of 581 million dirham ($158.2 million) for the nine months to 30 September, plummeting from a profit of 620 million dirham over the same period last year.
The fall into the red came as revenues for the first nine months of 2015 dropped to 14.7 billion dirham, compared to 20.7 billion dirham a year ago, which Taqa blamed on lower oil prices.
Output
