Manawa Energy posts a steady first full-year profit of $23.7M after selling its retail arm, with CEO Clayton Delmarter citing increased energy margins and improved asset performance.
Manawa Energy posts steady first full-year profit after selling retail arm, with net profit at $23.7M, down from $444M prior year. CEO Clayton Delmarter attributes the stability to increased energy margins, improved asset performance, and operational efficiencies. The company has shifted focus to independent power production, delivering strong asset management, value creation, and progressing a competitive development pipeline.
May 19, 2024
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