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Canada's Enbridge post drop in profit, hurt by charges

Published 2017-02-17, 07:20 a/m
© Reuters.  Canada's Enbridge post drop in profit, hurt by charges
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Feb 17 (Reuters) - Enbridge Inc ENB.TO ENB.N , Canada's largest pipeline company, reported a 3.4 percent fall in fourth-quarter profit, hurt by charges, including for asset impairment and restructuring.

Earnings attributable to the company's shareholders fell to C$365 million ($279 million), or 39 Canadian cents per share, in the quarter, from C$378 million, or 44 Canadian cents per share, a year earlier. rose nearly 5 percent to C$9.34 billion in the three months ended Dec. 31. ($1 = C$1.31)

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