Kinder Morgan Canada posts lower profit
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July 18 (Reuters) - Kinder Morgan Canada reported a 45.4 percent fall in quarterly profit on Wednesday, as the pipeline operator was hit by higher interest expenses in the quarter.
The company's net income fell to C$13.7 million, or 2 Canadian cents per share, in the second quarter ended June 30, down from C$25.1 million, or 11 Canadian cents per share, a year earlier.
Revenue rose to C$178.0 million from C$168.7 million. (Reporting by Akshara P in Bengaluru)
