The regulated utility segment reported net income of $89.9 million, or $1.82 per share, for fiscal 2007, an increase of $5.3 million, or $0.09 per share, over net income of $84.6 million, or $1.73 per share, for the preceding fiscal year.
The retail energy-marketing segment reported net income of $22.4 million, or $0.45 per share, for the fiscal year ended September 30, 2007, an increase of $9.1 million, or $0.18 per share, over net income of $13.3 million, or $0.27 per share, reported for fiscal 2006.
James DeGraffenreidt, chairman and CEO of WGL Holdings, said: We are realizing the sustainable benefits from our integrated strategies for success. Also, the success and continued growth of our unregulated businesses firmly positions us to become the retail energy company of choice.
