Customer loyalty has kept Genesis above the water as gas shortages and lower hydro generation dampened retail gains.
The country's largest electricity gentailer posted net profit of $9 million for the six months to December 31, down 82% on the previous corresponding period.
Revenue came in 2%
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).