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Energy

Galp's third-quarter net loss shrinks from preceding quarter

LISBON, Oct 26 (Reuters) - Portugal’s oil and gas company Galp Energia posted on Monday its second quarterly loss in a row due to the impact of the coronavirus pandemic, but smaller than in the second quarter, while its EBITDA fell 35% from a year earlier.

Third-quarter net loss totalled 23 million euros ($27.21 million) after a year-ago profit of 101 million. ($1 = 0.8454 euros) (Reporting by Andrei Khalip)

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