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Article: CH Energy Group Announces Third-Quarter Results.(Financial report)
- Article from:
- Energy & Ecology Business
- Article date:
- November 13, 2009
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CH Energy Group, Inc. (NYSE: CHG) posted earnings of 34 cents per share during the third quarter of 2009, 16 cents higher than those of the same period last year. Year-to-date earnings for 2009 totaled $1.71, 20 cents higher than the same nine months of 2008.
"After two years of declining profitability at Central Hudson Gas & Electric, our largest subsidiary, we have begun to see a welcome recovery of our earnings to a level that should allow us to attract the investment capital needed to meet the needs of our utility customers," said Chairman, President and Chief Executive Officer Steven V. Lant.
"New electric and natural gas delivery rates and the ...
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