Mercury NZ Ltd Announces Soaring Annual Profits
Company Announcements

Mercury NZ Ltd Announces Soaring Annual Profits

Mercury NZ Ltd. (MGHTF) has released an update.

Mercury NZ Ltd has reported a significant increase in its full-year financial results for the year ending June 30, 2024, with revenues jumping 25.4% and net profit soaring by 158.9%. Shareholders will receive a final dividend of $0.14 per equity security, with the record date set for September 12 and payment date on September 30. The company, which generates electricity exclusively from renewable sources and is listed on both the New Zealand and Australian stock exchanges, has confirmed compliance with NZX Listing Rules.

For further insights into MGHTF stock, check out TipRanks’ Stock Analysis page.

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