Feb 27 Canadian power generation company TransAlta Corp reported a 58 percent rise in fourth-quarter profit, helped in part by lower maintenance costs.
Net earnings attributable to common shareholders rose to C$38 million ($37 million), or 15 Canadian cents per share, from C$24 million, or 11 Canadian cents per share, a year earlier.
Comparable earnings rose to 21 Canadian cents per share from 13 Canadian cents per share.
Revenue fell 6 percent to C$661 million.
RPT-UPDATE 1-With healthcare bill dead, U.S. Republicans turn to taxes
WASHINGTON, March 24 After failing to repeal Obamacare, Republicans in the U.S. Congress quickly pivoted on Friday to President Donald Trump's next priority: overhauling the federal tax code, but their plan has already split the business community.