An announcement from CK Infrastructure Holdings ( (HK:1038) ) is now available.
CK Infrastructure Holdings Limited reported a 10% operational profit growth in 2024 despite challenging global conditions, with net profit slightly increasing by 1% to HK$8,115 million. The company made strategic acquisitions in renewable energy and gas distribution, enhancing its revenue streams and launched a secondary listing on the London Stock Exchange to bolster its global standing. CKI also announced its 28th consecutive year of dividend growth, with a proposed total dividend of HK$2.58 per share for 2024, reflecting a 0.8% increase from the previous year.
More about CK Infrastructure Holdings
CK Infrastructure Holdings Limited (CKI) is a global infrastructure company, primarily involved in regulated businesses, long-term contracts, and services with loyal customer bases. The company focuses on sectors such as energy and utilities, with a strong presence in the United Kingdom and other international markets.
YTD Price Performance: -7.34%
Average Trading Volume: 21,100
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.8B
For a thorough assessment of 1038 stock, go to TipRanks’ Stock Analysis page.