Neal Barclay: Meridian CEO on the company's profit reaching $429 million

Heather du Plessis-Allan Drive

Contenuto fornito da NZME and Newstalk ZB. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da NZME and Newstalk ZB o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

17d ago 6:07

MP3•Pagina principale dell'episodio

Meridian Energy - the country’s largest power generator - has reported strong earnings in the June year, but warns the year ahead looks challenging.

The partially state-owned company’s net profit went from $95 million to $429 million - with much of the increase influenced significantly by net gains on hedge instruments of $249 million.

Meridian CEO Neal Barclay says earnings will likely drop in the coming months - and the company has invested more money to ensure there's a steady supply.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

7380 episodi

#New Zealand Current Affairs #New Zealand #NZME #Newstalk ZB #News