Hydro One (TSE:H) has released an update.
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Hydro One Limited reports a robust financial performance for the first quarter of 2024 with an increase in revenues to $2,166 million compared to $2,074 million in the same period last year. Net income saw a rise to $295 million from $284 million, accompanied by a slight growth in earnings per share from $0.47 to $0.49. Their balance sheet also reflects a strong position with total assets reaching $34,107 million, up from $32,852 million at the end of the previous year.
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