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Electric and gas utility Fortis reports Q1 profit and revenue up from year ago

ST. JOHN’S - Fortis Inc. reported its first-quarter profit and revenue rose compared with a year ago.

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Electric and gas utility Fortis reports Q1 profit and revenue up from year ago

Fortis Place in downtown St. John’s, N.L., is seen on Tuesday, Feb. 9, 2016. THE CANADIAN PRESS/ Paul Daly

 GAC
By The Canadian Press

ST. JOHN’S - Fortis Inc. reported its first-quarter profit and revenue rose compared with a year ago.

The electric and gas utility says it earned a profit attributable to common equity holders of $499 million or $1.0 per share for the quarter ended March 31.

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