Home / Business / Companies / EnergyJamie GrayBusiness Reporter·NZ Herald·25 Aug, 2026 09:25 PM3 mins to readMeridian Energy returned to profit in the June 2026 year. Meridian Energy returned to profit in the June 2026 year. Meridian Energy has returned to profit in its 2026 financial year after suffering a big loss in the drought-stricken previous year.The company — 51% owned by the Government — recorded a net profit after tax of $130 million, compared with a net loss after tax of $452m in 2025.AdvertisementAdvertise with NZME.
Meridian promises to keep energy price increases below inflation in coming year
Meridian Energy has returned to profit after last year's $452m loss.
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