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CLP (HKG:0002) 1H operating earnings up 23.1%
[Date:08-16-2010] Source: Infocast News RSS Feed

CLP Holdings (HKG:0002) announced that the Group's operating earnings before one-off items for the first half of 2010 increased by 23.1% to $4.435 billion, while total earnings (including one-off items) increased 83% to $5.921billion. The one-off items included a tax consolidation benefit from Australia of $989 million.

In the first half of 2010, local electricity sales were 14,202 gigawatt hours (GWh), an increase of 2.6% over the same period last year. This was mainly due to the economic recovery and a relatively higher humidity level in January, February and April, leading to higher load demand.

Sales to the Chinese mainland amounted to 1,433GWh, representing a reduction by 13.3% as compared to the same period last year. This was primarily due to lower contract volume with Guangdong Power Grid Corporation for 2010 compared with 2009. Total electricity sales, including both local sales and sales to the Chinese mainland, increased by 0.9% over the period to 15,635GWh.
 
aus der Diskussion: CLP Holdings - asiatischer Stromversorger mit 4%+ Div.rendite
Autor (Datum des Eintrages): R-BgO  (07.09.10 10:01:27)
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