Meridian Energy sold more electricity in the first six months of the current financial year than in the previous year, but prices achieved were significantly lower, despite what the company says are signs that growth in demand emerging after a long period of weakness. In its monthly operating report for December, the government-controlled power company, whose instalment receipts covering 49 …

Michael Hill International, the jewellery chain that bears the name of its founder, expects first-half earnings to rise after reporting a 10 percent lift in sales over the period. Earnings before interest and tax were between A$29 million and A$30 million in the six months ended Dec. 31 from A$28.6 million a year earlier, the Brisbane based jeweller said in …

Budget retailer Warehouse Group is warning its first-half profit will fall by as much as 13 percent after strong Christmas sales failed to compensate for a margin squeeze in the first quarter, higher funding costs, and reduced rental income. Adjusted net profit will be between $46 million and $48 million in the first six months of the retailer’s financial year, …