AGL to report much stronger profit than expected

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Energy giant AGL will report a much stronger profit than previously expected due to rising power prices and improved reliability from its power plants.

Energy giant AGL will report a much stronger profit than previously expected due to rising power prices and improved reliability from its power plants. The 186-year-old company is expecting to report an underlying profit after tax of between $255 to $285 million this financial year.

 

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