Meridian's first-half profit up on good hydro conditions
Board lifts dividend as a result.
Calida Stuart-Menteath Wed, 20 Feb 2019
Meridian Energy’s first-half profit after tax was up almost 40%, helped by favourable hydro conditions.
New Zealand’s largest electricity generator saw its earnings (ebitdaf) for the six months to December 31 increase 18% to $389 million on the same period a year earlier.
Operating
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