Search
Synergy is the biggest power producer in WA. Photo: Gabriel Oliveira
Synergy hit by $657m loss
Thursday, 26 September, 2019 - 14:36
Power utility Synergy has taken a $446 million impairment and reported a loss of $656.9 million in the year to June, which the state government-owned business said was driven by higher fixed costs as revenue fell.
To read more, please Login below or
Subscribe.
For first time subscribers, our monthly payment starts at $1 + GST for the first month.
For first time subscribers, our monthly payment starts at $1 + GST for the first month.
Problems, questions, feedback? Please call +61 8 9288 2100
BNiQ Utilities and Public Infrastructure list sponsored by
Total revenue
| 1st |  | Gold Corporation | $18.07bn |
| 2nd | | Synergy | $2.99bn |
| 3rd | | Water Corporation | $2.76bn |
| 4th | | GESB | $2.09bn |
| 5th | | Western Power | $1.77bn |
29 state government businesses ranked by total revenue - this year
Number of Employees
State Government Businesses
| 1st | Water Corporation | 2,819 | |
| 2nd | Western Power | 2,750 | |
| 3rd | Synergy | 895 | |
| 4th | Landgate | 518 | |
| 5th | Horizon Power | 401 |
Add your comment