REE's H1 net profit up 13 pct

MADRID, July 29 | Thu Jul 30, 2009 2:04am EDT

MADRID, July 29 (Reuters) - Spanish power grid operator REE (REE.MC) said on Thursday its first-half net profit rose 13 percent to 171.2 million euros, with core earnings up 5.7 percent at 411.3 million euros. (Reporting by Jonathan Gleave; Editing by Greg Mahlich)

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