By David Winning
SYDNEY--New Zealand-based energy distributor Vector Ltd. (VCT.NZ) reported strong growth in new connections in its fiscal first half, swelling the ranks of its electricity and gas distribution customers.
Vector said new connections in its electricity business rose by 17% in the six months through December, lifting its customer base to 552,948 from 547,319 a year earlier.
In its gas distribution business, new connections increased by 24% in the six-month period. That resulted in Vector having 105,918 distribution customers at the end of December.
Vector said it would report half-year earnings on Feb. 24.
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(END) Dow Jones Newswires
January 23, 2017 15:00 ET (20:00 GMT)
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