CLP Holdings Limited (CLP) is pleased to announce that in the first half of 2017 the Group continued to deliver largely stable earnings amid challenging markets and secured regulatory certainty in Hong Kong.
During this period, the Group's operating earnings were HK$5,914 million, a decrease of 3.8% compared with the first half of 2016, largely due to unfavourable market conditions in Mainland China and the impact of increased volatility in the Australian energy market. Total earnings decreased by 3.5% to HK$5,909 million. The Board decided to increase the level of our first and second interim dividends from HK$0.57 per share in 2016 to HK$0.59 per share this year.
CLP Power Hong Kong Limited (CLP Power) has launched a new mobile phone app that allows customers to settle utilities bills instantly through the PPS payment platform for the first time in Hong Kong. The new app has a host of new features, including simplified move in procedure and bill payment functions, and online shopping for smart products to encourage customers to embrace greener lifestyles.
Castle Peak Power Company Limited (CAPCO) announces that its wholly-owned subsidiary Castle Peak Power Finance Company Limited has successfully priced US$500 million 3.25% senior unsecured notes due 2027 (the Notes) under Castle Peak Power Finance Company Limited's US$2 billion Medium Term Note Programme (MTN Programme). The Notes will be unconditionally and irrevocably guaranteed by CAPCO, rated A1 and AA- by Moody's and Standard and Poor's, respectively, and listed on The Stock Exchange of Hong Kong Limited.
Around 6,000 students from 32 secondary schools have completed a new Engineer in School programme organised by CLP Power Hong Kong Limited (CLP Power) to help nurture talent for the future of the power industry. The youngsters from forms two and three took part in school talks, visits, and an Energy Day Camp in the 2016/17 academic year, learning about Hong Kong's power supply and the importance of environmental protection in this educational initiative.
With regard to the severe industrial accident which took place at Hung Hom Gillies Avenue South yesterday, CLP Power Hong Kong Limited (CLP Power) together with the contractor, is now facilitating relevant government departments in conducting an investigation on the incident. Since an investigation is currently underway, it is not appropriate for the company to further comment on the incident at this stage.
With regard to the severe industrial accident which took place at Gillies Avenue South in Hung Hom yesterday, CLP Power Hong Kong Limited (CLP Power) has made the following prompt arrangements to provide support to the families of the deceased contractor workers:
CLP Power Hong Kong Limited (CLP Power) is deeply saddened by the death of three contractor workers resulting from an industrial accident which occurred in Hung Hom today (10 July). The company would like to express its deepest condolences to the families of the deceased.
To combat climate change and support the government’s vision to develop Hong Kong into a smart city, CLP Power Hong Kong Limited (CLP Power) today announced the launch of a one-year Smart Energy Programme, for which smart meters have been installed for 26,000 selected residential customers. With the Advanced Metering Infrastructure (AMI) system, customers are given timely access to data on their electricity consumption, and are encouraged to lower their energy use at peak times and save on electricity bills through a change in their consumption habits.
CLP Power Hong Kong Limited (CLP Power) today hosted a Tuen Ng festival celebration in partnership with Baptist Oi Kwan Social Service for more than 200 senior citizens from the Sham Shui Po, Kwai Tsing, Tai Po, and Yau Tsim Mong districts as part of the company’s Sharing the Festive Joy programme.
CLP Holdings Limited today made an announcement to the Stock Exchange of Hong Kong regarding litigation related to Iona Gas Plant in Australia.
CLP Power Hong Kong Limited (CLP Power) today launches its Power Your Love programme for a third year, with theme “Save Energy, Save On Bills and Light Up Lives”. Residential customers can register online and save energy at home this summer. CLP Power will then donate the equivalent amount of electricity they save to offset the electricity costs of around 20,000 households in need.
CLP Power Hong Kong Limited (CLP Power) today announced the appointment of Mr Chiang Tung Keung as Managing Director of CLP Power with effect from 1 June. He succeeds Mr Paul Poon, who is retiring after more than 30 years of service.
The 2017 Quarterly Statement (January-March) of CLP Holdings Limited has been released. The same Statement will be dispatched to shareholders on 22 May 2017.
CLP's annual general meeting attracts a record number of 1,927 shareholders this year.
CLP Power Hong Kong Limited (CLP Power) today signed a new Scheme of Control Agreement (SCA) with the Hong Kong SAR Government. The new SCA will come into effect on 1 October 2018 and run until 31 December 2033.
CLP Power Hong Kong Limited ("CLP Power") and the Vocational Training Council (“VTC”) today (21 April) signed a ground-breaking deal to launch a Professional Diploma course in Power Engineering which will nurture and fast-track professionals for the engineering industry. The part-time course, which can be completed within a minimum period of one year, will give Electrical and Mechanical (E&M) tradespeople the opportunity to advance their careers by studying for a professional diploma study and qualifying as technicians. The initiative has been launched in response to rising demand for skilled engineers and reflects CLP Power’s dedication to people development and technical skill succession. Enrolment for the course will start in July 2017.
Today’s customers demand smart energy solutions to keep pace with fast-changing trends in technology. To meet those rising expectations, CLP Power Hong Kong Limited (CLP Power) has given its customer service centre in Yuen Long a major facelift to transform it into a Smart Energy Experience Centre. The company has also partnered with the Hong Kong Science and Technology Parks Corporation (HKSTP) to introduce smart home devices suitable for small flats in Hong Kong at the centre, using innovative technology developed by start-up companies in the HKSTP to promote smarter, greener, low-carbon lifestyles.
CLP Power Hong Kong Limited (CLP Power) attaches great importance to innovation and knowledge sharing, and is a keen supporter of the government’s promotion of STEM (Science, Technology, Engineering and Mathematics) education. In an initiative to inspire young people's interest in engineering profession and encourage them to develop inquiring and problem-solving skills through hands-on experience, CLP Power organised workshops at the Maker Faire Hong Kong 2017 x Make Big event on 8 and 9 April. More than 3,800 people visited and took part in the workshops, giving them a better understanding of the concepts of power transmission and distribution, as well as renewable energy.
CLP Power Hong Kong Limited (CLP Power) has attracted 170 teams and some 1,700 contestants with its first Please Come and Save the Earth Music Contest. A shortlist of 27 teams competed for a variety of awards in kindergarten and open categories at the contest's finals and presentation ceremony.
CLP Holdings Limited (CLP) is pleased to announce today that Group operating earnings in 2016 increased 7.1% to HK$12,334 million from a year earlier. Total earnings were down 18.8% to HK$12,711 million after taking into account one-off items that affected comparability including a significant contribution from the sale of the Iona Gas Plant in Australia in 2015. The Board has recommended a fourth interim dividend for 2016 of HK$1.09 per share which, together with the three dividends already paid, brings 2016’s total dividends to HK$2.80 per share, an increase from HK$2.70 in the previous year.