Centrica’s annual revenues have tripled as a result of higher prices for consumers UK oil and gas producer Centrica, which owns services provider British Gas, has reported record profits for the 2022 financial year, becoming the latest energy giant to benefit from soaring costs. According to a company report on Thursday, operating profits jumped to £3.3 billion ($4 billion) from £948 million ($1.1 billion) a year earlier, surpassing the firm’s previous record annual profit of £2.7 billion ($3.2 billion), recorded in 2012. Centrica announced it would hand £750 million ($900 million) of its profits to shareholders.
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