Friday, August 22, 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:
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HK price level rises faster in July (08-21 18:18)
Eurozone economy still in timid recovery: survey (08-21 18:06)
Hang Seng down on mainland data (08-21 16:31)
European stocks flat at open (08-21 15:26)
Nikkei ends on positive column (08-21 14:49)
China manufacturing sector grows slower in August: HSBC (08-21 13:41)
Hang Seng dips at midday (08-21 12:33)
Nikkei up by break (08-21 11:07)
Nikkei higher at open (08-21 10:21)

More breaking news >>

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