CLPHY CLP HOLDINGS LTD
- 8.370
- +0.102+1.23%
CLP HOLDINGS LTD News
中電控股：董事會會議召開日期
CLP HOLDINGS: 2023 Annual Report (Integrated Report) (with linked Sustainability Report and Climate Vision 2050)
CLP Holdings Limited ADR EACH REP 1 HKD5 LEVEL1(MGT) Goes Ex Dividend Tomorrow
Express News | Bank of America: Lowering the target price of CLP Holdings to HK$67, there is limited room for upward valuation
Bank Rating | Bank of America: Lowering CLP Holdings Target Price to HK$67, Limited Upside
Bank of America Securities published a report indicating that CLP Holdings' total dividend last year was the same as HK$3.1 per share; last year's operating profit increased 33% year-on-year, which is also in line with earlier profit forecasts. According to the report, CLP's Australian wholesale business is expected to reverse losses this year because the low price contract has already expired. The compound annual profit growth of the Hong Kong business is expected to be between 3% and 4% over the next five years. Due to capital expenditure of HK$52.9 billion under the 2024-2028 development plan, the capital base will expand, and debt costs (in anticipation of interest rate cuts) are expected to decrease. The Group mentioned that the dividend policy must balance actual profits with future investment needs. The sector is expected to have CLP 2024 and 2025
Big Bank Rating | Citibank: Raising CLP Holdings Target Price to HK$72 and Upgrading Rating to “Buy”
Citibank published a research report indicating that CLP Holdings will benefit from potential US interest rate cuts, considering that its stock price is highly correlated with US Treasury yield, upgraded its investment rating from “neutral” to “buy”, and raised its net profit forecast for this year and next two years by 6.5% and 6.6%, respectively, to 12.739 billion and HK$13.066 billion, respectively, to reflect the expansion of Australian business contribution; based on the cash flow discount rate, the target price increased by 16% to HK$72. According to the report, CLP's profit recovered last year. Even though it recorded 5.9 billion yuan in impairment expenses during the period, net profit still increased 6.2 times a year to 6.655 billion yuan
CLP HOLDINGS LTD To Go Ex-Dividend On March 8th, 2024 With 0.15464 USD Dividend Per Share
February 29th - $CLP HOLDINGS LTD(CLPHY.US)$ is trading ex-dividend on March 8th, 2024. Shareholders of record on March 11th, 2024 will receive 0.15464 USD dividend per share on March 28th, 2024.
UBS: Reiterates the increase in CLP Holdings' (00002) “buy” rating target price to HK$74
The Zhitong Finance App learned that UBS released a research report stating that it reaffirmed CLP Holdings (00002)'s “buy” rating and raised the 2024-2026 earnings forecast by 6% each, mainly due to the good prospects for the Australian business. The target price was raised from HK$70 to HK$74, which meant that the dividend rate reached 4.3%. According to the report, the company's operating profit last year excluded one-time projects (mainly Australian customer business goodwill impairment of 5.9 billion yuan) and reached 10.1 billion yuan, an increase of 33% over the previous year. It is basically in line with the company's earlier profit warning forecast, and is in line with market expectations of 10.9 billion yuan, exceeding the bank's forecast for the full year
Major Bank Ratings | UBS: Raising CLP Holdings' Target Price to HK$74 and Reiterates “Buy” Rating
According to a report published by UBS, CLP Holdings' operating profit last year was HK$10.1 billion, up 33% year over year, excluding one-off projects (mainly Australian customer business goodwill depreciation of HK$5.9 billion), which is basically in line with the company's earlier profit warning forecast of HK$10.9 billion, exceeding the bank's forecast of HK$9.1 billion for the whole year, mainly due to the better-than-expected recovery of Australian business. The loss reached HK$182 million compared to the bank's expected loss of HK$1.1 billion. Hong Kong's energy business remained stable, with profits growing 1% year-on-year to HK$8.536 billion. The company's annual dividend was flat at 3.1 per share
Changes in Hong Kong stocks | CLP Holdings (00002) rose more than 4% after performance, annual profit attributable to shareholders increased 6.2 times over year, Citi raised its rating and target price
CLP Holdings (00002) rose more than 4% after the results. As of press release, it rose 4.39% to HK$6.65, with a turnover of HK$130 million.
CLP Holdings Raised to Buy From Neutral by Citigroup >0002.HK
CLP Holdings Raised to Buy From Neutral by Citigroup >0002.HK
CLP Holdings (00002): Lee John will retire as non-executive director
CLP Holdings (00002) announced that Ms. Mu Xiuxia will retire from the company as an independent non-executive on May 3, 2024...
Analysts Offer Insights on Utilities Companies: Ormat Techno (ORA) and CLP Holdings (OtherCLPHF)
CLP Holdings Limited GAAP EPS of HK$2.63, Revenue of HK$87.16M
CLP HOLDINGS To Go Ex-Dividend On March 8th, 2024 With 1.21 HKD Dividend Per Share
February 26th - $CLP HOLDINGS(00002.HK)$ is trading ex-dividend on March 8th, 2024. Shareholders of record on March 11th, 2024 will receive 1.21 HKD dividend per share on March 21st, 2024. The ex-
CLP Holdings' 2023 Net Profit Surges Sevenfold
By Amanda Lee CLP Holdings' net profit for 2023 surged sevenfold, thanks to contributions from its core businesses in Hong Kong and China and a turnaround in the fair-value related to its forward ene
CLP Holdings CEO: Growth Momentum Building Across All Markets >0002.HK
CLP Holdings CEO: Growth Momentum Building Across All Markets >0002.HK
CLP Holdings 2023 Rev HK$87.17B Vs. HK$100.66B >0002.HK
CLP Holdings 2023 Rev HK$87.17B Vs. HK$100.66B >0002.HK
CLP HOLDINGS: Announcement of Annual Results from 1 January 2023 to 31 December 2023, Dividend Declaration and Closure of Books
CLP Holdings (00002.HK) held a board meeting on February 26 to approve publication of annual results
Gelonghui Feb. 7 丨 CLP Holdings (00002.HK) announced that the company will hold a board meeting on Monday, February 26, 2024. Matters to be considered by the Board at this meeting include approving publication of the results for the year ended 31 December 2023 and announcing the payment of the fourth interim dividend of 2023.
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