An update from HK Electric Investments & HK Electric Investments ( (HK:2638) ) is now available.
In 2024, HK Electric Investments made significant strides in its sustainability efforts by commissioning a new gas-fired generating unit and retiring older coal-fired units, aligning with Hong Kong’s decarbonization goals. The company maintained a high reliability rating and solid financial performance, with a focus on infrastructure resilience and customer service excellence. The ongoing development plan includes further emission reductions and the rollout of smart meters to enhance energy management. These efforts underscore HK Electric’s commitment to providing reliable and environmentally friendly power, while also promoting energy efficiency and supporting electric vehicle infrastructure.
More about HK Electric Investments & HK Electric Investments
HK Electric Investments & HK Electric operates in the energy sector, focusing on electricity generation and distribution. The company is committed to sustainability and climate preparedness, aiming to reduce carbon emissions and enhance infrastructure resilience.
YTD Price Performance: 3.53%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.21B
For detailed information about 2638 stock, go to TipRanks’ Stock Analysis page.