India, Aug. 1 -- TransAlta Corp. (TAC), on Friday reported net loss for the second quarter, compared to profit in the same quarter last year.
Net loss attributable to common shareholders was $112 million, while the company reported profit of $56 million in the prior year quarter.
Net loss per common share was $0.38 from profit of $0.18 last year.
Adjusted net earnings attributable to common shareholders were $54 million, while it was $70 million in the prior year.
Revenue for the operator of a diverse fleet of electrical power generation assets declined to $433 million in the second quarter from $582 million last year.
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Loss before income taxes was $95...