Fukushima firm TEPCO suffers $7.0 bn annual loss

Fukushima firm TEPCO suffers $7.0 bn annual loss
Tokyo (AFP) April 30, 2013 - The operator of Japan's crippled Fukushima nuclear plant said Tuesday it logged a whopping $7.0 billion fiscal year net loss as it faces ballooning compensation and energy imports costs. The embattled utility at the centre of the worst nuclear accident in a generation said its year-to-March shortfall came in at 685.3 billion yen ($7.0 billion), smaller than a year-earlier loss of 781.6 billi ... morehttp://www.nuclearpowerdaily.com/reports/Fukushima_firm_TEPCO_suffers_70_bn_annual_loss_999.html