Earnings Recalibrated While Strong Fundamentals Support Long-term Outlook

CLP Holdings Limited (CLP) today announced its 2019 Annual Results. Operating earnings decreased 20.5% to HK$11,121 million, reflecting the expected lower permitted rate of return in Hong Kong, a reduction in its share of earnings in India following the strategic partial-divestment, and the continued challenges in Australia. Earnings in Mainland China and Southeast Asia were higher. The Board is recommending a fourth interim dividend for 2019 of HK$1.19 per share. Total dividends per share for 2019 are HK$3.08, an increase of 2.0% from 2018.