Ohio Edison Net Income Higher
Consolidated net income for Ohio Edison and its subsidiary Pennsylvania Power rose to 14,773,033 dollars for the year ending June. Earnings per share were 2.79 dollars, up from 3.00 cents prior. Operating revenues climbed to 91,917,239 dollars from 79,555,359. For the first half, net income rose to 7,330,109 dollars from 6,936,532. June net income reached 1,100,997 dollars versus 1,002,728 the prior year.
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Ohio Edison Company
Pennsylvania Power
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