Wellington, Feb 23 NZPA - Contact Energy says electricity retail prices need to rise, after reporting flat underlying earnings for the six months to the end of December.

Wellington, Feb 23 NZPA - Contact Energy is reporting a big jump in reported profit for the six months to the end of December, but its underlying earnings after tax were barely changed from a year earlier at $80.1 million.

Wellington, Aug 26 NZPA - Contact Energy posted a subdued annual result today, and said that this year's profit may be flat if poor conditions continue.