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Quarterly Report Q1 2018: Northland Power reports 423% sequential rise in quarterly Net Profit Corporate Wire Date: 19 July 2018 04:49 EDT

Sep 22, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

Northland Power (TSX:NPI), reported net profit of CAD111m ($US86.2m) for the quarter-ended 31 March 2018, up 423.4% from the previous quarter and up 102% from the year-earlier period.

Major changes compared with previous corresponding period [Year-on-Year]:

Favourable Changes:

- Profit after tax to Sales was up from 15.1% to 22.8%

- EBIT to Sales was up from 33.2% to 42.6%

- Profit before tax to Sales was up from 33.2% to 42.6%

- EBITDA...