August 2, 2018 / 10:52 AM / 4 months ago

Duke Energy posts 27 pct drop in quarterly profit

Aug 2 (Reuters) - U.S. utility Duke Energy Corp reported a 27 percent slump in quarterly profit, hurt by a rise in expenses.

The net income attributable to Duke fell to $500 million, or 71 cents per share, in the second quarter ended June 30, from $686 million, or 98 cents per share, a year earlier. (bit.ly/2O6R49I)

Total operating revenue rose to $5.64 billion from $5.56 billion. (Reporting by Anirban Paul in Bengaluru; Editing by Maju Samuel)

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