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Article: Nicor sees $13.6 million profit.(Business)(Financial report)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- October 31, 2009
CopyrightCOPYRIGHT 2009 Paddock Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nicor sees $13.6 million profit
NAPERVILLE u Nicor Inc., parent of Nicor Gas, posted third-quarter net income of $13.6 million, or 30 cents per share, compared to $1.3 million, or 3 cents per share, for the same period a year ago. Operating revenue was $325.6 million, compared to $440.3 million a year ago. Earnings for the third quarter reflected an improved operating income in the companyAEs gas distribution and other energy-related businesses, and higher corporate operating results, which were partially offset by lower operating income in the companyAEs shipping business. The third quarter comparisons also reflect a lower effective income tax rate partially ...
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