Mercury's achieved a strong return to profit. 

BusinessDesk says the energy company's half year earnings before interest to December 31- reached $537 million.

It recorded a net $20 million dollar profit - up from a $67 million loss last year. 

Chief executive Stew Hamilton says they're doing well and don't need to raise capital. 

"We've been disciplined in how we manage our money, how we earn our money and spend it, so we're investing wisely, performing strongly - and I think that gives us options."

LISTEN ABOVE

Mercury's achieved a strong return to profit.&nbsp;
BusinessDesk says the energy company's half year earnings before interest to December 31- reached $537 million.
It recorded a net $20 million dollar profit - up from a $67 million loss last year.&nbsp;
Chief executive Stew Hamilton says they're doing well and don't need to raise capital.&nbsp;
"We've been disciplined in how we manage our money, how we earn our money and spend it, so we're investing wisely, performing strongly - and I think that gives us options."
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Stew Hamilton: Mercury Energy CEO on the company returning to profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7e46881f-4c78-4029-b481-b3fb005258c6/transcript