CK Infrastructure Holdings ( (CKISF) ) has released its Q4 earnings. Here is a breakdown of the information CK Infrastructure Holdings presented to its investors.
CK Infrastructure Holdings Limited (CKI) is a Bermuda-incorporated company primarily engaged in the development and management of infrastructure assets, with a focus on regulated businesses and long-term contracts across various sectors globally.
In the face of global economic challenges in 2024, CKI demonstrated resilience with a 1% increase in net profit, reaching HK$8,115 million. The company maintained its strong operational performance, particularly through its regulated and long-term contract businesses, despite facing higher interest costs and lower exchange gains compared to the previous year.
Key highlights of CKI’s financial performance include a 10% growth in operational profit and strategic acquisitions such as Phoenix Energy and UK Renewables Energy, which have begun contributing to revenues. The company’s UK portfolio showed robust growth, with a 31% increase in profit contribution, while the Australian portfolio faced a slight decline due to tax changes. CKI also marked its 28th consecutive year of dividend growth, proposing a final dividend of HK$1.86 per share.
Looking ahead, CKI remains cautiously optimistic about its prospects, supported by a strong financial foundation and a diversified infrastructure portfolio. The company is well-positioned to pursue growth opportunities, maintaining a balance between stability and expansion, despite ongoing global uncertainties and geopolitical tensions.