Thursday, November 27, 2014   

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:
UK confirms 0.7% growth in Q3 (11-26 18:38)
EU's Juncker proposes US$380 billion investment plan (11-26 17:10)
ADB ready to work with new China-led bank, says president (11-26 16:57)
Samsung sells units and announces share buyback (11-26 16:28)
European stocks up at open (11-26 16:18)
Hang Seng finishes higher (11-26 16:12)
Nikkei ends lower (11-26 15:26)
Europe's biggest bank names new boss in reshuffle (11-25 18:49)
Hang Seng down at close (11-25 16:50)
Consumer spending helps Germany skirt recession in Q3 (11-25 16:49)

More breaking news >>

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