First three quarters of 2011: Hydro-Québec posts increase in net income
Hydro-Québec posted net income of $2,238 million for the first nine months of 2011, a $196-million increase compared to the same period last year. This rise is due to a $70-million decrease in operating expenses and to an $82-million increase in electricity sales in Québec as a result of higher demand.
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