Contact Energy has reported a record net profit of $423 million, driven by the acquisition of Manawa Energy and higher renewable generation.

The result was good for investors, but some have raised concerns over other issues.

Harbour Asset Management expert Shane Solly explained further.

LISTEN ABOVE

Contact Energy has reported a record net profit of $423 million, driven by the acquisition of Manawa Energy and higher renewable generation.
The result was good for investors, but some have raised concerns over other issues.
Harbour Asset Management expert Shane Solly explained further.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Shane Solly: Harbour Asset Management expert on the market reactions to Contact Energy's results

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/596da832-98a2-4d97-b55e-b4a20084fd32/transcript