An announcement from Mercury NZ Ltd. ( (MGHTF) ) is now available.
Mercury NZ Limited reported its financial results for the six months ending December 31, 2024, showing a revenue increase of 9.35% to $1.755 billion NZD. However, the company experienced a net loss of $67,000 NZD, marking a significant decrease of 138.51% compared to the previous period. Despite the loss, the company declared an interim dividend of $0.096 per share, with a payment date set for April 1, 2025. These results reflect challenges in maintaining profitability while growing revenue, impacting stakeholders’ expectations and potentially influencing future strategic decisions.
More about Mercury NZ Ltd.
Mercury NZ Limited is a company that generates electricity from 100% renewable sources, including hydro, geothermal, and wind. It also provides retail services for electricity, gas, broadband, and mobile services. The company is listed on both the New Zealand Stock Exchange and the Australian Stock Exchange under the ticker symbol ‘MCY’, with the New Zealand Government holding a minimum 51% shareholding.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $5.15B
See more data about MGHTF stock on TipRanks’ Stock Analysis page.