CLP Holdings Records Higher Profit for 2024

MT Newswires Live
02-24

CLP Holdings (HKG:0002) recorded a profit of HK$12.7 billion for 2024, higher than HK$7.67 billion logged for the previous year, a Monday filing with the Hong Kong Exchange said.

Earnings per share stood at HK$4.65 for the reporting year, compared with HK$2.63 per share recorded for the year-ago period.

The electricity company's revenue for the reporting year was HK$91.0 billion, 4.4% higher than HK$87.2 billion booked a year earlier. this increase was attributed to the higher wholesale spot prices in Australia during the reporting period.

The board recommended a fourth interim dividend of HK$1.26 per share for the reporting period, compared with HK$1.21 per share last year.

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