CEZ net profits more than halve in 2023 to CZK29.6bn

By Robert Anderson in Prague CEZ, the majority state-owned Czech power group, reported net profit of CZK29.6bn (€1.17bn) in 2023 on revenue up 18% to CZK340.6bn. Net profit fell back sharply from the record CZK80.7bn made in 2022, when the group benefi…