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Earnings up, generation down for Mercury's first-half

Generation continues to hamper full-year earnings expectations.

Reweti Kohere Tue, 23 Feb 2021

Higher wholesale margin and a gain on selling its stake in a US geothermal plant have showcased listed gentailer Mercury’s ‘resilient’ first half, although lower hydro generation continues to hamper full-year expectations.

The power company posted net profit of $130 million for the six

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Reweti Kohere Tue, 23 Feb 2021
Contact the Writer: reweti@nbr.co.nz
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Earnings up, generation down for Mercury's first-half
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