Taipower posts profit in 2025, accumulated loss hits NT$350 billion

Taipei Times
2026.01.28 16:08
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Taiwan Power Co (Taipower) reported a record net profit of NT$72.9 billion (US$2.32 billion) for 2025, reversing a net loss of NT$41.1 billion in 2024. Despite this profit, accumulated losses remain at NT$350 billion, largely due to rising fuel costs influenced by geopolitical tensions. The profit includes NT$14 billion from non-core businesses and nearly NT$60 billion from power generation after a rate increase. Taipower received NT$50 billion in government subsidies in 2023 and plans to use profits to reduce losses while maintaining competitive electricity rates.