Summary by Moomoo AI
POWER ASSETS recorded a net profit of 6.119 billion HKD for the fiscal year 2024, representing a growth of 2% compared to 6.003 billion HKD in 2023. The Board of Directors proposed a final dividend of 2.04 HKD per share, along with an interim dividend of 0.78 HKD, keeping the total annual dividend at 2.82 HKD. The group's international premium business contributed to a profit increase of 5% year-on-year.As the group's largest market, the United Kingdom contributed 3.199 billion HKD in profits for 2024. During the period, the acquisition of Phoenix Energy and UK Renewables Energy was completed, with each holding a 20% stake. UK Power Networks successfully acquired Powerlink Renewable Assets, which owns 70 renewable energy generation facilities. The Australia business contributed 1.403 billion HKD, and SA Power...Show More
Comment(0)
Reason For Report