Thursday, October 30, 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:
Athens stock market down 3.6pc (10-30 18:36)
Toshiba half-year net profit surges (10-30 17:27)
German jobless total falls in October (10-30 17:23)
VW confirms full-year targets after 'robust' Q3 (10-30 16:58)
Spanish economy expands by 0.5% in Q3 (10-30 16:58)
European stocks advance at open (10-30 16:57)
Hang Seng finishes lower (10-30 16:35)
Lufthansa cuts 2015 forecast on global economic slowdown (10-30 16:05)
Bayer raises forecasts for 2014 after strong Q3 (10-30 16:04)
NEC rebounds from losses on smartphone exit (10-30 15:25)

More breaking news >>

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