Hydro Reports Increase In Net Income
Manitoba Hydro says a five-year high in export electricity helped the Crown owned utility nearly double its net income in 2013-14. Hydro released its annual report Tuesday. It's reporting a net income of 174-million dollars for the fiscal year that ended March 31st. That's up from 92-million dollars the year before. President and CEO Scott Thomson says fiscal performance surpassing forecasts is a reflection of ongoing improvements in export markets. Domestic sales of electricity also increased...

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