Brief: Clp Holdings Declares Third Interim Dividend For 2019 Of HK$0.63 Per Share

CLP Holdings

21/10/2019 09:38

Oct 21 (Reuters) - CLP Holdings Ltd  0002.HK :
    * DECLARED THIRD INTERIM DIVIDEND FOR 2019 OF HK$0.63 PER
SHARE
    * QTRLY TOTAL ELECTRICITY SALES, WHICH INCLUDED HONG KONG
SALES
AND SALES TO MAINLAND CHINA, DECREASED 0.3%
    * RETAIL COMPETITION REMAINS INTENSE, PARTICULARLY IN
VICTORIA
    * ENERGYAUSTRALIA HAS ALSO BEEN WORKING CLOSELY WITH STATE
GOVERNMENT & MINE OWNER CENTENNIAL TO FIND ALTERNATIVE SOURCES
OF COAL
    * CLP INDIA'S NEW 250MW WIND ENERGY PROJECT IS EXPECTED TO
GO INTO
OPERATION IN 2021
    * IN AUSTRALIA, CONTINUATION OF HIGH & VOLATILE WHOLESALE
PRICES
RAISED COSTS OF PROCURING ENERGY, ESPECIALLY DURING HIGH
CUSTOMER DEMAND PERIOD
    * CONTINUATION OF HIGH AND VOLATILE WHOLESALE PRICES
EXPECTED TO
IMPACT SUPPLY COST FOR FUTURE PERIODS IN AUSTRALIA

Source text for Eikon:  ID:nHKSb40GJf 
Further company coverage:  0002.HK 

 ((Reuters.Briefs@thomsonreuters.com;))