Aiden He
CLP (0002) reported a 76 percent growth in net profit to HK$11.74 billion in 2024 from a low base a year ago when a number of negative one-off items were recorded.
It also raised the fourth interim dividend by 4.1 percent to HK$1.26, resulting in a total dividend of HK$3.15 last year, up by 1.6 percent from 2023.
The utility firm's operating earnings before fair value changes increased 8.1 percent to HK$10.95 billion last year, thanks to an overall solid performance from the portfolio with notable improvements from the Australian business, the company said in its earnings filing yesterday.
