Brief: Meridian Energy Says Net Profit After Tax NZ$201 Mln For HY

Meridian Energy

01/03/2023 01:25

March 1 (Reuters) - Meridian Energy Ltd  MEL.NZ :
    * NET PROFIT AFTER TAX OF NZ$201 MILLION FOR THE SIX MONTHS,
UP
39%
    * HY OPERATING REVENUE NZ$1,529 MILLION VERSUS NZ$1,672
MILLION
    * INTERIM ORDINARY DIVIDEND DECLARED OF 6.00 NZ CPS
    * EXPECTING FY23 CAPITAL EXPENDITURE OF BETWEEN NZ$410M AND
NZ$435M
    * EXPECTED FY23 GENERATION CASH COSTS OF NZ$83M TO NZ$88M
    * GROWING GLOBAL DEMAND FOR RENEWABLES IS INTRODUCING SUPPLY
PRESSURES


Further company coverage:  MEL.NZ 

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