Monday, 18 October 2010

Good Energy Group Six-month Profit Rises

Good Energy Group Plc reported that its six-month ended 30 June 2010 profit
increased to GBP 246,121 from GBP 169,681 in the previous year. On a per
share basis, profit was 3.1 pence, up from 2.2 pence in the prior year

Profit before tax increased to GBP 365,254 from GBP 273,157 last year.

Revenue rose 5.5% to GBP 10.21 million, from GBP 9.68 million, mainly as a
result of the increase in customer numbers for both gas and electricity.

The company said that it expect the new Delabole wind farm to be fully
functional by the end of the year, which will provide Good Energy with
around 20% of its renewable requirements.

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