Retail boosts Trustpower’s half-year earnings
Drought dries out generation, although strong wholesale prices offset any earnings damage.
Trustpower’s retail arm has bolstered its result for the first half of 2020 as strong wholesale prices balanced the impact of dry weather on generation.
The Tauranga-based power and telco company posted $19.2 million in earnings from product and margin growth for the six months to September
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