Loy Yang A annual profit near doubles

Loy Yang Investment Operating EBIT: Increased 46.4per cent to $45.1 million from $30.8 million

First 5 of 5 paragraphs shown AGL reported its share of Loy Yang Investment Operating EBIT was up 46.4per cent to $45.1 million from $30.8 million
 Equity share of profit of $35.0 million: 
  - Loy Yangs operating result improved largely due to an improved sold contract position and higher generation volumes:
 - offset by a reduction in the pool price Loy Yang also benefited from a 1.8per cent reduction in interest expense partly offset by a 4.7per cent increase in operating costs as a result of higher labour and maintenance costs.
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(2010-09-02)

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Article in: [Coal][EWN Publishing][Electricity Week]
Article Tags: [ Energy - Electricity ][ Coal ]


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