Tuesday, April 28, 2015   

Cheung Kong Infrastructure books record earnings
(02-25 15:27)

Cheung Kong Infrastructure Holdings (1038) reported today that it booked record profits for the year ended December 31. Net income at CKI grew by 23 percent to HK$11.63 billion on turnover of HK$5.01 billion.
The company, which runs a diverse portfolio in Hong Kong, China and overseas, declared a final dividend of HK$1.36 per share.
Hong Kong-listed Power Assets contributed HK$4.3 billion in income, up by 15 percent over the previous year. CKI holds a 38.87 percent stake in Power
Assets.
Power Assets reported a full year profit of HK$11.16 billion in 2013, an increase of 15 percent over last year.—The Standard

   
Other Business breaking news:
Hang Seng lower at break (46 mins ago)
Tokyo Electron plunges 15pc after scrapped merger with US rival (1 hr 16 mins ago)
Apple returns US$200b to investors (1 hr 24 mins ago)
Apple chief Cook bets on China (1 hr 26 mins ago)
Apple stock rallies by 50pc (1 hr 28 mins ago)
61m iPhones drive Apple’s US$13.6b profit (1 hr 30 mins ago)
Hang Seng lower (1 hr 57 mins ago)
Nikkei positive (1 hr 57 mins ago)
Spain’s Rajoy balmes Greece for threatening recovery (04-27 19:51)
Capgemini to buy IGATE in US$4 billion US expansion push (04-27 19:39)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.