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Recently, U.
S.
utility Duke Energy reported first-quarter profit that beat analyst expectations
, driven by increased business demand from electric utilities.
It is understood that operating income, which accounts for the majority of the company's overall business, increased by 7.
6% to $5.
32 billion
.
Duke Energy continues to benefit from a new U.
S.
tax code passed in December, reducing the corporate income tax rate from 35 percent to 21 percent
.
The company's income tax expense for the quarter decreased by nearly $181 million
from the year-ago quarter.
In addition, Duke Energy is expanding its business
by acquiring and investing in renewable energy and electric vehicle power plants.
:/, please indicate the source for reprinting)
Recently, U.
S.
utility Duke Energy reported first-quarter profit that beat analyst expectations
, driven by increased business demand from electric utilities.
It is understood that operating income, which accounts for the majority of the company's overall business, increased by 7.
6% to $5.
32 billion
.
Duke Energy continues to benefit from a new U.
S.
tax code passed in December, reducing the corporate income tax rate from 35 percent to 21 percent
.
The company's income tax expense for the quarter decreased by nearly $181 million
from the year-ago quarter.
In addition, Duke Energy is expanding its business
by acquiring and investing in renewable energy and electric vehicle power plants.
:/, please indicate the source for reprinting)
/
