- CLP Holdings reported a full-year net income of HK$11.74 billion.
- This net income surpassed estimates, which were HK$10.96 billion.
- Revenue for the year reached HK$90.96 billion.
- The revenue exceeded expectations, with estimates set at HK$85.68 billion.
- A fourth interim dividend per share was declared at HK$1.26.
- Analyst recommendations included 8 buy ratings, 3 hold ratings, and 1 sell rating for CLP Holdings.
A look at CLP Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
CLP Holdings Limited, a leading electricity provider in Hong Kong, Australia, China, India, South-east Asia, and Taiwan, is poised for long-term success according to Smartkarma Smart Scores. With a strong focus on growth and momentum, the company scored high in these aspects, indicating a positive outlook for its future expansion and market performance. Additionally, the solid dividend and respectable momentum scores further enhance CLP Holdings‘ position in the industry.
Considering its diversified power generation assets and commitment to renewable energy sources, CLP Holdings is well-positioned to navigate challenges and maintain resilience in the face of market fluctuations. While the value score was moderate, the overall positive trend in growth, dividend, and momentum scores suggests a promising long-term trajectory for CLP Holdings as it continues to uphold its reputation as a reliable electricity provider in key markets.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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