DUET Group
(ASX:DUE) has swung to a net loss of $11.1 million in the first half of the 2015 financial year with losses from significant items weighing on the result.
The energy infrastructure company says the result was a reduction from a profit of $142.2 million in the previous corresponding period.
Revenue for the group was down 0.7 per cent to $616.2 million, the company says higher operating costs and re-contracting have been a drag in the period.
Despite the setbacks the company has confirmed that it’s on track to meet its full year forecasts and the company will pay a full year dividend of 17.5c per share.
