Duke Energy Reports Five-Fold Jump in Profit

IndustriesReuters

Duke Energy reported a five-fold rise in quarterly profit, helped by higher income from its regulated utilities and a return to profit in its international business.

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Net income attributable to the company rose to $477 million, or 69 cents per share, in the fourth quarter ended Dec. 31, from $97 million, or 14 cents, a year earlier.

(Reporting by Amrutha Gayathri and Anet Josline Pinto in Bengaluru; Editing by Ted Kerr)