Brief: Meridian Energy Posts FY Net Profit After Tax Of NZ$95 Million

Meridian Energy

28/08/2023 22:29

Aug 29 (Reuters) - Meridian Energy Ltd  MEL.NZ :
    * FY NET PROFIT AFTER TAX OF NZ$95 MILLION, DOWN FROM NZ$664
MILLION REPORTED LAST YEAR
    * DECLARED A FINAL ORDINARY DIVIDEND OF 11.90 NZ CENTS PER
SHARE
    * FY REVENUE FROM CONTINUING OPERATIONS NZ$3,222 MILLION,
DOWN 15%
    * FIRST POWER FROM HARAPAKI WIND FARM IS NOW EXPECTED DURING
OCTOBER THIS YEAR.
    * MERIDIAN ENERGY LTD SEES 8%-10% OPERATING COSTS INCREASE
IN FY24

Further company coverage:  MEL.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))