CLP electricity sales down 1.8pc in first nine months

CLP (0002) said on Monday that electricity sales in Hong Kong fell 1.8 percent year-on-year to 27,456 gigawatt hours in the first nine months of 2025, mainly due to lower average temperatures.

The company declared a third interim dividend of 63 HK cents per share, unchanged from a year earlier.

Sales to residential customers declined 3.4 percent to 7,743 GWh, while commercial consumption slipped 1.1 percent. Sales to infrastructure and public services dropped 0.9 percent, and manufacturing demand contracted 4 percent.

However, sales to data centres rose 6.7 percent, and continued steady growth in sales to support the electrification of transport.

Customers have benefited from an 8.2 percent drop in the fuel cost adjustment since the start of 2025 to October, reflecting lower international fuel prices, the company said.

Shares of CLP edged down 0.08 percent to HK$66.3 as of 3pm.