Hydro One Ltd. H-T reported a third-quarter profit of $307-million, up from $300-million in the same quarter last year.
The power utility says the profit amounted to 51 cents per diluted share for the quarter ended Sept. 30.
The result compared with a profit of 50 cents per diluted share in the third quarter of 2021.
Revenue for the quarter totalled $2.03-billion, up from $1.91-billion in the same quarter last year.
Revenue, net of purchased power, was $1.07-billion, up from $980-million a year ago.
Hydro One is Ontario’s largest electricity transmission and distribution provider.