Enbridge profit falls on asset-related charge

Fri Feb 15, 2013 7:16am EST
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Feb 15 (Reuters) - Enbridge Inc , Canada's second largest pipeline company, reported an 8 percent fall in quarterly profit as it was hurt by a C$105 million after-tax charge related to certain off-shore assets.

The company's earnings attributable to common shareholders fell to C$146 million, or 18 Canadian cents per share, in the fourth quarter, from C$159 million, or 21 Canadian cents per share, a year earlier.

Revenue fell 2 percent to C$7.17 billion.