Meridian Energy Limited (NZX:MEL) has released monthly operating report for the month of April 2020 and the key highlights are:
- National hydro storage increased from 94% to 103% of historical average, in the month to 11 May 2020;
- South Island storage stood at 108% of average and North Island storage stood at 65% of average on 11 May 2020;
- The company’s April 2020 monthly total inflows were 85% of historical average;
- Its New Zealand retail sales volumes in April 2020 were 0.3% lower than April 2019.
At NZST 01:15PM, the stock was trading at $4.655 per share, down by 1.17% from its previous close.
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