HKG:0006

2 stories mentioning HKG:0006Updated 33d ago

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Power Assets' Profit Rises in H1

Power Assets (HKG:0006) recorded a rise in attributable profit in the first half of 2026 to HK$14.7 billion from HK$3.04 billion a year prior.Earnings per share surged to HK$6.90 from HK$1.43 previously, according to a Wednesday Hong Kong bourse filing.The power utility company's revenue slipped to HK$298 million from HK$352 million in the year-ago period.The company declared an interim dividend of HK$0.78 per share for the period, payable Sept. 22 to shareholders of record on Sept. 10.

HKG:0006

Asia139d ago

UK Power Networks Sale Receives Approval from Shareholders

Independent shareholders of CK Infrastructure (HKG:1038), CK Hutchison (HKG:0001), CK Asset (HKG:1113) and Power Assets (HKG:0006) have approved the proposed sale of UK Power Networks to a unit of French electric utility company Engie, according to separate filings with the Hong Kong bourse on Monday.The deal will generate 4.22 billion sterling pounds, or about HK$44.3 billion, in cash for CK Infrastructure.CK Infra currently owns 40% of UK Power Networks, with Power Assets holding 40% and CK Asset owning the remaining 20%.

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