UK’s Drax posts first-half profit fall as biomass generation margin declines

(Reuters) -British power company Drax Group reported a fall of around 11% in its first-half adjusted core profit on Thursday, dragged by a decline in biomass generation margins and a moderation in UK wholesale power prices.

(Reporting by Ankita Bora in Bengaluru; Editing by Janane Venkatraman)

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