Rochester, NY 8/7/2009 10:35:11 AM
After Hours - Great Plains Energy Inc., GXP - Great Plains Energy Reports Positive Results on Second Quarter Profit
Great Plains Energy Inc.
Great Plains Energy released results of the positive market results this second quarter after reporting a loss during the same quarter a year ago.
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Great Plains reach market earnings of $33.3 million, or 26 cents a share of common stock outstanding, in contrast to its $5.4 million, or 6-cent loss in last year’s second quarter.
“We have achieved many milestones since last June,” Great Plains Chairman and CEO Mike Chesser said in a written statement. “We completed the (Greater Missouri Operations Co.) transaction just over a year ago, and today those operations are positively contributing to our financials.”
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