CLP (0002) posted a net profit of HK$11.74 billion last year, an over 76 percent growth compared to 2023, when a number of negative one-off items were reported.

Its board declared an interim dividend of HK$1.26, resulting in a total distribution of HK$3.15 in 2024 – a 1.6 percent increase compared to the previous year.

The company's operating earnings before fair value movements rose 8.1 percent year-on-year to HK$10.95 billion, thanks to a robust performance across markets and significant improvement in its unit EnergyAustralia.

Operating earnings from CLP’s Hong Kong energy business increased by 0.8 percent to nearly HK$8.9 billion, stemming from capital investments it made to support the development and economic growth of Hong Kong, including its Five-Year Development Plan that runs to December 2028.