AGL (ASX:AGL) have shown a net profit for the six months ended December 31 to $537 million, a 10 per cent rise from $487 million in the last corresponding period.
Higher electricity prices helped in the rise.
This was just under Citi's predictions of $567 million.
Statutory profit dropped 53 per cent to $290 million because of a reduction in the value of electricity derivatives.
Its guidance for the full year has been left unchanged in the run up to the election.
They are paying a dividend per share of 55 cents up from 54 cents in the last corresponding period.
Shares in AGL (ASX:AGL) Share trading 2.53 per cent lower at $21.60.