Contact Energy Limited (COENF) has released an update.
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Contact Energy Limited reported a significant increase in both mass market and wholesale electricity sales for September 2024, with a noticeable rise in net revenues compared to the previous year. The company’s electricity generation also saw a boost, while generation costs decreased, highlighting improved operational efficiency. Additionally, the Clutha catchment experienced substantial inflows, indicating robust water storage levels.
For further insights into COENF stock, check out TipRanks’ Stock Analysis page.
