CLP Holdings Limited Announces 2014 Annual Results

In 2014, the Group’s operating earnings were HK$10,062 million, an 8.1% increase over the same period last year. One-off items for the year amounted to a net gain of HK$1,159 million, predominantly associated with the acquisition of additional interests in Castle Peak Power Company Limited (CAPCO) and Hong Kong Pumped Storage Development Company, Limited (PSDC). Total earnings were up 85.2% to HK$11,221 million. These earnings have enabled the Board to approve a fourth interim dividend of HK$1.00 per share for 2014. Together with the three interim dividends already paid, our total dividend this year is HK$2.62 per share, an increase from HK$2.57 in the previous year.