【Cheung Kong and related companies' results】Power Assets Holdings' net profit last year rose 1.9% to HK$3.04 billion, maintains final dividend of HK$2.04 per share, current stock dividend yield 4.5%

Electric Power Industry (00006)
Announces full-year 2025 results. The company’s net profit for the year increased by 1.9% year-on-year to HKD 6.236 billion. Earnings per share are HKD 2.93, maintaining a final dividend of HKD 2.04 per share. The total annual dividend is HKD 2.82. Based on Wednesday’s closing price of HKD 62.25, the dividend yield is 4.5%.

During the period, Electric Power’s revenue was HKD 7.71 billion, down 16.1% year-on-year.

The UK remains the group’s largest market. Local operations performed strongly, contributing HKD 3.21 billion in profit, a 0.3% increase. The Australian operations contributed HKD 1.461 billion, up 4% year-on-year.

In Hong Kong, CLP Power and its wholly owned subsidiary CLP Power Hong Kong reported a profit of HKD 1.051 billion, up 1.3% year-on-year, providing stable returns.

Looking ahead, Electric Power stated it will continue to seek new acquisition opportunities to accelerate growth and focus on investing in mature businesses within well-regulated energy markets. The company will strictly adhere to the group’s investment guidelines. Additionally, it will prioritize projects aligned with sustainable development goals, actively explore new markets for renewable and sustainable energy, and adopt artificial intelligence (AI) solutions to optimize operations and foster innovation. The group has achieved excellent results through collaborations with CK Infrastructure (01038) and CK Asset (01113) on multiple projects. If potential acquisition opportunities arise in the future, they are willing to continue cooperation.

Financial Hot Talk

Is the “lobster farming” craze over, and has the “removal trend” and AI agent concept been played out?