6 Nov 2012

$1.3m profit reported by King Country Energy

6:48 am on 6 November 2012

King Country Energy made a profit of $1.3 million for the six months to the end of September despite generation output being below expectations.

Gross earnings rose 44% for the half year to $8.2 million, compared with last year.

It expects full year gross earnings to be in the range of $14 - $15 million.