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Genesis earnings rise, but profit halves on valuation hit
Genesis Energy's normalised operating earnings rose on better retail margins, strong hydro conditions and disciplined fuel management, even as reported profit halved.
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rnz.co.nz
Meridian Energy returns to profit
Big four power company Meridian Energy has posted a solid profit as plenty of wind and rain erased the previous year's drought driven horrors.
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nzherald.co.nz
Genesis operating earnings rise 14% as net profit falls to $85m
Strong retail margins and hydro conditions lifted Genesis Energy's operating profit.
