SCE Corp.’s second-quarter earnings dropped 21% to...
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SCE Corp.’s second-quarter earnings dropped 21% to $158.1 million from a year ago. Revenue held steady at $131 billion. The Rosemead parent of Southern California Edison said the results reflect a 1987 California Public Utilities Commission decision that changed the way Edison billed large customers beginning in this year.
For the record:
12:00 a.m. July 23, 1988 FOR THE RECORD
Los Angeles Times Saturday July 23, 1988 Home Edition Business Part 4 Page 2 Column 6 Financial Desk 1 inches; 17 words Type of Material: Correction
SCE Corp.’s revenue for the second quarter was misstated in most Friday editions. The correct figure is $1.31 billion.
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