Duet Group
(ASX:DUE) has reported its net profit (excluding the impact of significant items) surged 153.5% to $195.2 million in the last financial year.
The energy utility asset owner also says its revenue rose 29% to $1.64 billion, and its EBITDA rose 20.8% to $946.8 million.
The company has declared a distribution of 9 cents per stapled security, which was paid yesterday. This brings the total distributions this year to 18 cents, in line with its guidance.
Duet also says, now that it has integrated Energy Development Limited (EDL) into its Group, it will now assess further investment opportunities in the renewable energy sector.
