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Infrastructure investor Infratil has reported a strong first-half net profit, with revenue up more than a third to $2 billion.
It said underlying profit rose 7 percent, despite New Zealand's economy remaining relatively subdued throughout the period ended in September.
Key numbers for the six months ended September compared with a year ago:
Net profit $631.5m* vs net loss $206.4m**
Revenue $1.993b vs $1.482b
Underlying profit $662.4m vs $68.8m
Total debt $2.62b vs $2.19b as at 31 March
Total
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