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Power Assets Holdings ( (HK:0006) ) has issued an update.
Power Assets Holdings Limited reported a stable financial performance for the first half of 2025, with a 1% increase in unaudited profits to HK$3,042 million. The company maintains a strong financial foundation with low gearing, positioning it well for future growth. The UK portfolio, the largest market for Power Assets, showed strong performance with an 11% growth, driven by operational excellence and safety standards. The company is also actively involved in green projects to contribute to the UK’s net zero targets. In Australia, profits declined due to currency exchange rates and contract expirations. Power Assets is exploring opportunities to enhance and expand its renewable energy portfolio.
The most recent analyst rating on (HK:0006) stock is a Buy with a HK$58.00 price target. To see the full list of analyst forecasts on Power Assets Holdings stock, see the HK:0006 Stock Forecast page.
More about Power Assets Holdings
Power Assets Holdings Limited operates in the energy sector, focusing on a portfolio of energy businesses that largely operate under supportive regulated frameworks or with long-term offtake agreements. The company is involved in international energy investments, with significant operations in the United Kingdom and Australia, and is committed to expanding its renewable energy portfolio.
Average Trading Volume: 3,180,410
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$112.6B
See more insights into 0006 stock on TipRanks’ Stock Analysis page.
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