Hydro One Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 1,830 million compared to CAD 1,711 million a year ago. Revenue was CAD 1,840 million compared to CAD 1,722 million a year ago. Net income was CAD 255 million compared to CAD 238 million a year ago. Basic earnings per share from continuing operations was CAD 0.43 compared to CAD 0.4 a year ago. Diluted earnings per share from continuing operations was CAD 0.42 compared to CAD 0.4 a year ago.
For the six months, sales was CAD 3,866 million compared to CAD 3,513 million a year ago. Revenue was CAD 3,887 million compared to CAD 3,533 million a year ago. Net income was CAD 565 million compared to CAD 506 million a year ago. Basic earnings per share from continuing operations was CAD 0.94 compared to CAD 0.85 a year ago. Diluted earnings per share from continuing operations was CAD 0.94 compared to CAD 0.84 a year ago.