Hydro-Québec ended fiscal 2008 with $3,012 million in income from continuing operations, up $130 million from the previous year. Despite the worldwide financial crisis, the company continues to show strong growth. The rise in income – which topped the $3 billion mark for the first time – is mainly attributable to the $380 million increase in net electricity exports by Hydro-Québec Production. This, in turn, contributed to the 3% growth in sales figure compared with 2007.
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