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CLP Holdings ( (HK:0002) ) has issued an announcement.
CLP Holdings announced strong annual results for 2024, highlighting an 8.1% increase in operating earnings before fair value movements to HK$10,949 million and a significant rise in total earnings to HK$11,742 million. The company has made substantial progress in its non-carbon business, including the commissioning of a new gas-fired generation unit and the retirement of coal units in Hong Kong. CLP’s efforts align with Hong Kong’s decarbonization goals and support China’s renewable energy expansion. In Australia, EnergyAustralia’s improved operational performance has bolstered financial results. CLP remains committed to sustainable growth and contributing to regional decarbonization initiatives.
More about CLP Holdings
CLP Holdings Limited is a prominent company in the electricity industry, primarily focusing on providing world-class electricity services and sustainable energy solutions. The company is committed to advancing low-carbon energy development and operates in various markets, including Hong Kong, Mainland China, and Australia.
YTD Price Performance: 6.66%
Average Trading Volume: 3,200
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $20.96B
For a thorough assessment of 0002 stock, go to TipRanks’ Stock Analysis page.
