Brief: HK Electric Investments Posts FY Profit Attributable Of HK$2,933 Mln

HK Electric Investments

15/03/2022 04:50

March 15 (Reuters) - HK Electric Investments Ltd  2638.HK :
    * FY PROFIT ATTRIBUTABLE TO HOLDERS OF SHARE STAPLED UNITS
HK$2,933 MILLION VERSUS HK$2,732 MILLION
    * FY REVENUE HK$11,344 MILLION VERSUS HK$10,389 MILLION
    * DECLARED FINAL DISTRIBUTION OF HK16.09 CENTS PER SSU
    * TARGET TO ACHIEVE CARBON NEUTRALITY IN OUR OPERATIONS
BEFORE
2050 IN LONG TERM
    * MEDIUM-TERM TARGET IS TO REDUCE ABSOLUTE CARBON EMISSIONS
BY
MORE THAN 50% COMPARED TO 2005 LEVEL NOT LATER THAN 2035
    * WILL PROCEED WITH PLANNING & DESIGN OF A LARGE-SCALE
OFFSHORE
WIND FARM THAT WILL PRODUCE ABOUT 4% OF ELECTRICITY OUTPUT


Further company coverage:  2638.HK 

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