Enbridge's adjusted profit rises as volumes increase

Thu Aug 1, 2013 7:15am EDT
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Aug 1 (Reuters) - Enbridge Inc, Canada's largest pipeline company, reported a 12 percent rise in second-quarter adjusted profit due to higher contracted volumes.

Net income attributable to common shareholders rose to C$42 million ($40.9 million), or 5 Canadian cents per share, from C$8 million, or 1 Canadian cent per share, a year earlier.

Adjusted profit rose to C$306 million, or 38 Canadian cents per share.