Brief: Power Assets Holdings Posts FY Profit Attributable Of HK$7,636 Mln

Power Assets Holdings

20/03/2019 08:59

March 20 (Reuters) - Power Assets Holdings Ltd  0006.HK :
    * RECOMMEND A FINAL DIVIDEND OF HK$2.03 PER SHARE
    * 2018 PROFITS ATTRIBUTABLE HK$7,636 MILLION VERSUS 
HK$8,319
MILLION
    * FY REVENUE HK$ 1,555 MILLION VERSUS HK$1,420 MILLION
    * 1,400MW ZHUHAI COAL-FIRED POWER PLANT , 200MW SIPING
COGENERATION PLANT WILL BE TRANSFERRED TO MAINLAND CHINESE JV
PARTNERS IN 2019
    * POWER ASSETS' COAL-FIRED FACILITIES WILL BE SUBSTANTIALLY
AND
STEADILY REDUCED

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS500dZC
Further company coverage:  0006.HK 

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