FINWIRES · TerminalLIVE
FINWIRES

Meridian Energy Retail Contracted Sales Volumes Rise in April

By

Meridian Energy's (ASX:MEZ, NZE:MEL) retail contracted sales volumes rose to 799 gigawatt hours (GWh) in April from 738 GWh a year earlier, according to a Friday filing with the New Zealand bourse.

Compared with the prior corresponding period, residential sales soared 25%, large business sales rose past 11%, small medium business sales increased 9.2%, and agriculture and corporate sales rose 6.1% and 0.8%, respectively.

National electricity demand in April was 3.7% higher compared with the year earlier. In the month to May 11, national hydro storage increased to 119% from 106% of the historical average, per the filing.

Total inflows for April reached 98% of the historical average.

Related Articles

Asia

China, US Economic Teams Reach 'Positive Outcome,' Xi Says

Chinese President Xi Jinping said Beijing and Washington's economic teams reached a "generally balanced and positive outcome" during Wednesday's meeting, Xinhua News Agency reported Thursday.Xi made the remarks after welcoming U.S. President Donald Trump in Beijing.U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met in South Korea on Wednesday, ahead of the high-stakes meeting on Thursday, the BBC reported."Facts have repeatedly proven that there are no winners in a trade war, and the essence of China-US economic and trade relations is mutual benefit and win-win cooperation," Xinhua quoted Xi as saying.

Shanghai Composite^SZSE
Asia

Rua Gold Posts Flat Loss for March Quarter

Rua Gold (NZE:RGI) reported Thursday a loss of CA$0.05 per share for the March quarter, unchanged from a year earlier.The exploration-stage mining company did not report any revenue for the quarter.

NZE:RGI
Asia

China's Financial Regulator Accepts Shaanxi Provincial Natural Gas' Application to Issue 2 Billion Yuan in Medium-Term Bonds

China's National Association of Financial Market Institutional Investors accepted Shaanxi Provincial Natural Gas' (SHE:002267) application to issue medium-term bonds of up to 2 billion yuan, according to a Shenzhen bourse filing on Thursday.The registration quota is valid for two years.

SHE:002267