Summary by Moomoo AI
In the mid-term performance report of Power Assets in 2024, unaudited profit amounted to HKD 3.6 billion, an increase of 2% compared to the same period last year. The company replaced the chairman on April 1, 2024 and thanked former chairman Mr. Ho Chun Ning for his contributions. Despite the rising global market interest rates and the impact of new price controls on UK Power Networks' business, the company still maintains stable performance. In addition, the company announced to maintain an interim dividend of HKD 0.78 per share and will be distributed on September 24, 2024. During the period, Power Assets completed the acquisition of the UK low-carbon energy business, including Phoenix Energy, the largest gas distribution network in Northern Ireland, and 70 solar, wind, and hydro...Show More