DUET Group sinks to H1 loss

Company News

Energy utilities investor DUET Group (ASX:DUE) has sunk to a first half net loss of $45.9 million from a profit the year before. 

Having undertaking a management internalisation program during the period Duet Group believes it is well placed to deliver growing returns to security holders. 

Revenue rose 6 per cent to $450.5 million in the six months to December 31, 2012. 

An dividend of 8.25 cents per stapled security has been declared and full year distribution guidance has been maintained.

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