Photo of the Remarkables mountain range in Queenstown, New Zealand.

Archive for February 20th, 2015

Cooler weather cuts CUC profits

Cooler weather cuts CUC profits

| 20/02/2015 | 4 Comments

(CNS Business): Power consumption was down 3% for the last quarter of CUC’s financial year due to cooler weather, the firm said yesterday as it released its figures for the three months ended December 31. But the monopoly power provider and its shareholders are not out of pocket, since a growth in customer numbers boosted net earnings for the year to $20.8 […]

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