MANITOBA HYDRO RELEASES 2012-13 ANNUAL REPORT

Aug 15, 2013 | Corporate Member News

 

Manitoba Hydro released its annual report today announcing a net income of $92 million for the fiscal year ended March 31, 2013 compared to $61 million in the previous year.

Manitoba Hydro also released its Quarterly Report to June 30, 2013 today showing a net loss of $5 million for the first three months of the 2013-14 fiscal year compared to a net loss of $24 million for the same period last year. The $19 million improvement in financial results was largely attributable to increased net extra-provincial revenues resulting from higher sales volumes due to favourable water conditions and higher export prices.

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It’s going to be brrr-illiant! From December 26 to January 4, get into your coziest pyjamas and bring your family and friends to celebrate all things winter at Pyjama Days @ the Manitoba Museum!

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