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Duke Profits Analyzed Amid Stock and Utility Debate
RALEIGH AP Duke profits last year reached a record but figures may mislead about actual earnings. Duke board chairman testified to a legislative committee that in 1975 earnings per share were $1.84 with a 9.6 percent return on equity while the Utility Review Committee weighs whether the state utility commission has adequately protected public interest in regulation. The dialogue centers on interpreting Duke’s earnings amid regulatory scrutiny.
MENTIONED IN THIS ARTICLE
Raleigh
Duke
Horn Board
Horn