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Z Energy posts $67 million half-year net profit

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ZEnergy_1Listed energy supplier (NZX) Z Energy has posted a $67 million half-year net profit after tax (NPAT) for the six months ended 31 September 2015.

This NPAT is a $22 million increase from the prior corresponding period, and Z Energy reported in financial statements to the NZX that its revenue also grew 20% to $1309 million.

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In those public statements, Z Energy says its refining margins averaged $13 a barrel, which was up $5 a barrel from the previous corresponding period.

It says it’s non-fuel margin also has grown. On average Z Energy outlets now serve more than 80,000 cups of takeaway coffee a month.

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