July 18, 2018 / 8:17 PM / in 4 months

Kinder Morgan Canada posts lower profit

July 18 (Reuters) - Kinder Morgan Canada reported a 45.4 percent fall in quarterly profit on Wednesday, as the pipeline operator was hit by higher interest expenses in the quarter.

The company’s net income fell to C$13.7 million, or 2 Canadian cents per share, in the second quarter ended June 30, down from C$25.1 million, or 11 Canadian cents per share, a year earlier.

Revenue rose to C$178.0 million from C$168.7 million. (Reporting by Akshara P in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below