The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

UK's National Grid reports profit rise helped by U.S. business

Contributed by NAMPA / Reuters.

May 17(Reuters) - British power grid operator National Grid
Plc's full-year profit rose 3.5 percent, helped by growth
in its U.S. business.
Underlying operating profit rose to 3.5 billion pounds
($4.74 billion) for the year ended March 31, from 3.4 billion
pounds a year earlier.
The company expects growth of at least 7 percent in the near
term.
($1 = 0.7378 pounds)
(Reporting by Arathy S Nair in Bengaluru; editing by Jason
Neely)
...

 

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