Contact Energy's profit up as customers face price increases
With energy security and power bills front of mind for voters in the lead up to the election, Contact Energy has kicked off what will be a keenly watched reporting season. The first figure out is a net profit of $423 million, up 28 percent from $331 million the year earlier. However, 90 percent of customers received a price increase in the last 12 months. Contact Chief Executive Mike Fuge spoke to Melissa Chan-Green.
The skinny
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