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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Manawa Energy counts on reset for growth and value

Net profit declined 95% to $24 million in the year ended March 31, following asset sale the previous year.

Manawa Energy’s profit has slumped following a one-off gain the previous year after the sale of its mass-market retail business.

The company’s net profit after tax fell 95% to $24 million in the year ended 31 March, compared with $444m the previous year.

That include the one-off gain from the

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Jonathan Mitchell Mon, 20 May 2024
Contact the Writer: jmitchell@nbr.co.nz
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Manawa Energy counts on reset for growth and value
Investment,
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