Meridian Energy Limited (ASX:MEZ) provided operating report for April 2020. Key highlights are as follows.
- In response to coronavirus, the 4th potline at Tiwai Point was withdrawn for maximum of six months in the early April 2020.
- For April 2020 vs April 2019, the segment sales increased in residential by 11.8 per cent, agricultural by 7.7 per cent and corporate by 1.4 per cent. However, sales decreased in large business by 8.5 per cent and small medium business by 25.4 per cent.
- Total inflows were 85 per cent of historical average in April 2020.