Quarterly Report 2017
Hydro-Québec: Over 17% increase in second-quarter net income compared to 2016
For the quarter ended June 30, net income totaled $359 million, a $53-million increase compared to $306 million in 2016. The reliability and optimal management of our generating and transmission facilities allowed us to seize business opportunities on external markets, leading to strong growth in net electricity exports. That’s the reason why our net income for the quarter increased by more than 17% over last year.
Consult the Quarterly report