CLP Holdings Limited Announces 2012 Annual Results
Highlights
- Good performance from Hong Kong, China and, Southeast Asia and Taiwan, impacted by earnings decline in Australia and India, resulting in a 8.8% drop in group operating earnings to HK$9,406 million (2011: HK$10,312 million)
- Total earnings affected by one-off events, especially Yallourn mine flood and Jhajjar coal shortages, with total earnings after one-off items decreasing by 10.5% to HK$8,312 million (2011: HK$9,288 million)
- Our electricity business in Hong Kong remained stable, with operating earnings increasing by 5.0% to HK$6,654 million (2011: HK$6,339 million)
Improved second half performance, remediation at Yallourn and initial coal imports at Jhajjar - Investment opportunities focus on gas infrastructure, Fangchenggang and renewable energy
- Share placing of HK$7.56 billion of net proceeds in December 2012 strengthened balance sheet to support future growth
- Fourth interim dividend of HK$0.98 per share; including the first three interim dividends paid, total dividends for 2012 increased to HK$2.57 per share (2011: HK$2.52 per share)