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Wind Developer Orsted Swings to $48.2 Million Loss in Q4 Due to Project Delays

Company posted 37% growth in net profit for the full financial year 2022

February 2, 2023

/ Gautamee Hazarika
/ Finance and M&A, Wind
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Denmark-based wind developer Orsted swung into a loss of DKK 329 million (~$48.19 million) in the fourth quarter (Q4) of the financial year (FY) 2022, compared with a net profit of DKK 3.26 billion (~$482 million) year-over-year (YoY).

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Gautamee Hazarika

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