HK Electric Investments' 2024 Profit Slips

MT Newswires Live
18 Mar

HK Electric Investments' (HKG:2638) attributable profit slipped to HK$3.11 billion in 2024 from HK$3.16 billion in 2023, according to a Tuesday filing with the Hong Kong bourse.

Earnings per share stapled unit at the electric power distribution company decreased to HK$0.3521 from HK$0.3572 in the previous year.

Revenue grew to HK$12.1 billion from HK$11.4 billion a year earlier.

The company has allotted HK$75 million to promote carbon neutrality and energy saving in 2025.

HK Electric Investments declared a final dividend of HK$0.1609 per share, payable April 23 to shareholders on record as of April 10.

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