AusNet Services has posted 1H16 earnings of A$374.5 million ($377.7 million) compared to losses of A$4.9 million in 1H15.
Revenue for the six months to September increased 10% y-o-y to A$1.1 billion.
AusNet Services says it remains “committed to growing, modernising and transforming its existing networks”.
For FY2016, the company expects to increase dividends by 2% to 8.53 Australian cents per share.
Shares in AusNet closed 1.4% lower at $1.43 on Monday.
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Revenue for the six months to September increased 10% y-o-y to A$1.1 billion.
AusNet Services says it remains “committed to growing, modernising and transforming its existing networks”.
For FY2016, the company expects to increase dividends by 2% to 8.53 Australian cents per share.
Shares in AusNet closed 1.4% lower at $1.43 on Monday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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