AusNet Services
(ASX:AST) has recorded a net profit of $374.5 million in the six months to 30 September.
The energy company reported a $4.9 million loss for the previous period.
AusNet Services announced a 10 percent increase in revenue to $1.069 billion.
The company noted electricity distribution revenue growth was assisted by regulated price increases for both the distribution and metering of power services.
AusNet services will pay an interim dividend of 4.265c fully franked. The company reaffirmed guidance for a 2 percent lift in total dividend to 8.53c fully franked.
