MADRID (Reuters) -Spanish gas grid operator Enagas said on Tuesday it booked a net profit of 176 million euros ($205.66 million) in the first half of the year, helped by gains from a disposal and the
Spain's Enagas swings to first-half net profit
Enagas Financial Performance Overview
MADRID (Reuters) -Spanish gas grid operator Enagas said on Tuesday it booked a net profit of 176 million euros ($205.66 million) in the first half of the year, helped by gains from a disposal and the upwards revision of the amount it was awarded in an arbitration on an investment in Peru.
Comparison to Previous Year
In the same period last year, the company had a loss of 211 million euros, dragged by a capital loss on the sale of an asset in the U.S.
Future Profit Expectations
The company said it is on track to achieve its profit target for the year.
($1 = 0.8558 euros)
(Reporting by Pietro Lombardi, editing by Inti Landauro)
