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HK Electric Investments & HK Electric Investments ( (HK:2638) ) just unveiled an announcement.
In the first half of 2025, HK Electric Investments & HK Electric reported stable performance, maintaining a high supply reliability rating and reducing net tariffs due to soft global fuel prices. The company is advancing its HK$22 billion 2024–2028 Development Plan, which includes increasing gas-fired generation capacity and rolling out smart meters to improve energy management. The interim financial results show an EBITDA of HK$3,979 million and a profit of HK$1,001 million, with a declared interim distribution to shareholders. These initiatives are expected to enhance the company’s energy transition efforts and operational efficiency.
The most recent analyst rating on (HK:2638) stock is a Hold with a HK$6.60 price target. To see the full list of analyst forecasts on HK Electric Investments & HK Electric Investments stock, see the HK:2638 Stock Forecast page.
More about HK Electric Investments & HK Electric Investments
HK Electric Investments & HK Electric is a company operating in the energy sector, primarily focusing on providing reliable, affordable, and low-carbon electricity. The company is committed to supporting Hong Kong’s transition to zero-carbon energy and is involved in significant capital projects to enhance its gas-fired generation capabilities.
Average Trading Volume: 3,753,781
Technical Sentiment Signal: Buy
Current Market Cap: HK$54.34B
See more data about 2638 stock on TipRanks’ Stock Analysis page.