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Mercury NZ lifts profit and holds dividend despite revenue dip

Story Highlights
  • Mercury NZ’s half-year revenue fell 5% to NZ$1.664b while net profit jumped 130% to NZ$20m.
  • The company declared a 10-cent interim dividend and slightly increased net tangible assets per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mercury NZ lifts profit and holds dividend despite revenue dip

Meet Samuel – Your Personal Investing Prophet

Mercury NZ ( (MGHTF) ) has issued an announcement.

Mercury NZ reported interim results for the six months to 31 December 2025 showing total revenue of NZ$1.664 billion, down 5% on the prior comparable period, while net profit from continuing operations rose 130% to NZ$20 million. The company declared an interim dividend of 10 cents per share, slightly lifted net tangible assets to NZ$3.33 per security, and released unaudited financial statements alongside its results, providing investors with updated visibility on performance ahead of the April payout date.

The earnings mix, with lower revenue but sharply higher profit, suggests margin improvements or cost efficiencies within Mercury’s operations during the half-year. The maintained dividend and modest increase in net tangible assets underpin capital returns and balance-sheet strength, which will be closely watched by shareholders and the New Zealand Government as majority owner amid continued focus on renewable infrastructure and retail competition in the energy and telco markets.

More about Mercury NZ

Mercury NZ Limited is a New Zealand-based energy company whose generation assets produce electricity from 100% renewable sources, including hydro, geothermal and wind. It also operates as a retailer of electricity, gas, broadband and mobile services, and is dual-listed on the NZX and ASX under the ticker MCY, with the New Zealand Government holding a legislated minimum 51% stake.

Learn more about MGHTF stock on TipRanks’ Stock Analysis page.

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