Power Assets (6) H1 2025 earnings summary

Executive summary

• Delivered solid financial performance for H1 2025, with profit attributable to shareholders up 1% year-over-year to HK$3,042 million, reflecting portfolio stability amid global market volatility.

• Maintained strong financial platform and low gearing, supported by regulated frameworks and long-term offtake agreements, with an A/Stable credit rating.

• Interim dividend of HK$0.78 per share declared, unchanged from last year, payable on 23 September 2025.

Financial highlights

• Profit attributable to shareholders: HK$3,042 million (2024: HK$3,006 million), up 1% year-over-year.

• Earnings per share: HK$1.43 (2024: HK$1.41).

• Interim dividend per share: HK$0.78 (2024: HK$0.78).

• Group revenue (interest income): HK$352 million (2024: HK$454 million).

• Total comprehensive income: HK$6,189 million (2024: HK$2,159 million), driven by significant exchange differences.

Outlook and guidance

• Well-positioned for sustained growth, focusing on existing business development and new global investment opportunities in mature, regulated energy markets.

• Strategic partnerships with CKI and CKA to support expansion and stable returns.

• Actively exploring expansion in renewables and global investment opportunities.