Dominion Lending Centres Clearlease Reports Hydro-Quebec’s Q1 profit dips slightly to $1.4 billion on lower exports
VANCOUVER, BC (May 20, 2011) Clearlease Reports Friday May 20, 2011 that Hydro-Quebec’s net profit slipped slightly to $1.4 billion in the first three months of 2011 due to lower exports in cold winter temperatures.
The public utility’s net income dropped by just $37 million from the same period in 2010.
The colder winter temperatures prompted its production division to slightly reduce its net export volume in order to meet electricity demand in Quebec. Hydro-Quebec Production earned $782 million, down $42 million from the same period in 2010.
The $156-million decrease in net electricity exports was partly offset by a $136-million increase in revenue from electricity sales to Hydro-Quebec Distribution.
The distribution division earned $477 million, which was in line with the prior year results. Higher electricity sales was offset by increase electricity purchases.
Hydro-Quebec TransEnergie’s net income was flat at $135 million.
The construction segment’s activity slipped to $409 million from $512 million last year. Among the major projects underway are Eastmain-1-A/Sarcelle/Rupert and Romaine-2.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC (May 20, 2011) Clearlease Reports Friday May 20, 2011 that Hydro-Quebec’s net profit slipped slightly to $1.4 billion in the first three months of 2011 due to lower exports in cold winter temperatures.
The public utility’s net income dropped by just $37 million from the same period in 2010.
The colder winter temperatures prompted its production division to slightly reduce its net export volume in order to meet electricity demand in Quebec. Hydro-Quebec Production earned $782 million, down $42 million from the same period in 2010.
The $156-million decrease in net electricity exports was partly offset by a $136-million increase in revenue from electricity sales to Hydro-Quebec Distribution.
The distribution division earned $477 million, which was in line with the prior year results. Higher electricity sales was offset by increase electricity purchases.
Hydro-Quebec TransEnergie’s net income was flat at $135 million.
The construction segment’s activity slipped to $409 million from $512 million last year. Among the major projects underway are Eastmain-1-A/Sarcelle/Rupert and Romaine-2.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Hydro-Quebec’s Q1 profit dips slightly to $1.4 billion on lower exports
VANCOUVER, BC (May 20, 2011) Clearlease Reports Friday May 20, 2011 that Hydro-Quebec’s net profit slipped slightly to $1.4 billion in the first three months of 2011 due to lower exports in cold winter temperatures.
The public utility’s net income dropped by just $37 million from the same period in 2010.
The colder winter temperatures prompted its production division to slightly reduce its net export volume in order to meet electricity demand in Quebec. Hydro-Quebec Production earned $782 million, down $42 million from the same period in 2010.
The $156-million decrease in net electricity exports was partly offset by a $136-million increase in revenue from electricity sales to Hydro-Quebec Distribution.
The distribution division earned $477 million, which was in line with the prior year results. Higher electricity sales was offset by increase electricity purchases.
Hydro-Quebec TransEnergie’s net income was flat at $135 million.
The construction segment’s activity slipped to $409 million from $512 million last year. Among the major projects underway are Eastmain-1-A/Sarcelle/Rupert and Romaine-2.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
