Wednesday, October 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:
Soft Australian inflation supports low interest rates (1 hr 11 mins ago)
Hang Seng up by lunch (1 hr 27 mins ago)
Nikkei bounces back by break (10-22 11:13)
Hong Kong's consumer prices rose in September (10-21 19:54)
Nikkei ends lower (10-21 17:30)
Hang Seng edges up (10-21 17:29)
Hang Seng down by lunch (10-21 12:25)
Amazon, Simon & Schuster sign book retail deal (10-21 12:09)
Japan air bag maker Takata plunges on US recall (10-21 12:08)
China economic growth falls to five-year low: govt (10-21 11:40)

More breaking news >>

© 2014 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 2014, 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.