CLP Holdings (HK:0002) has released an update.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
CLP Holdings reported a 2.5% increase in Hong Kong electricity sales for the first nine months of 2024, driven by above-normal temperatures and increased consumption across most sectors. The company also reduced its average net tariff by 2%, supported decarbonization initiatives, and expanded electric vehicle charging infrastructure to meet rising demand. Additionally, CLP Power launched several programs to enhance energy efficiency and sustainability for commercial clients and underprivileged communities.
For further insights into HK:0002 stock, check out TipRanks’ Stock Analysis page.