The combined net profit from the three SOE
electricity generators/retailers for the six months to
December 2001 was $86.6 million, State Owned Enterprises
Minister Mark Burton said.
For the corresponding period a
year earlier, the net profit was $112.6 million.
If the
national grid operator Transpower is included, the combined
figure is $154.0 million for the latest six months, and
$171.6 million previously.
"Murray McCully's "bordering on
piracy" comment is patently
ridiculous."
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