Alabama Power profits increase 39% in first quarter
by AnnistonStar
 Around the State
Apr 28, 2010 | 1011 views |  3 comments | 14 14 recommendations | email to a friend | print | permalink

Alabama Power reported a 39 percent increase in first quarter 2010 net income compared to the first three months of 2009, according to federal financial filings.

Alabama’s largest supplier of electricity, and Southern Co. subsidiary, posted net income of $203 million for the three months ended March 31, 2010. That is up from $146 million for the same period in 2009.

Read the full story from the Birmingham Business Journal.

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