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CLP Holdings Ltd (CLPHY)
OTHER OTC:CLPHY
Earnings Data
Report Date
Feb 24, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.08Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 24, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive sentiment with strong financial growth and strategic progress in renewable energy projects, despite some operational challenges and competitive pressures in certain markets.Company Guidance
During the CLP's 2024 Annual Results Briefing, the company presented strong financial performance, highlighted by an 8% year-on-year increase in operating earnings before fair value movements, reaching nearly HKD11 billion. Total earnings significantly rose by 76% to HKD11.7 billion. The Board recommended a fourth interim dividend of HKD1.26 per share, bringing the total dividend for 2024 to HKD3.15 per share, an increase of 1.6% from the previous year. This provides a yield of 4.8% based on the share price at the end of December. The company maintained exceptional network reliability in Hong Kong at 99.999%, despite challenges from extreme weather. Operational achievements included the completion of major gas infrastructure in Hong Kong and record generation at the Yangjiang nuclear plant in China. With HKD11 billion in CapEx planned for 2024, CLP aims to advance noncarbon projects, including significant renewable energy developments in China and India. The strategic review completed by the company underpins its ambition to deliver cleaner, more reliable energy with stable earnings and dividend growth.Strong Financial Performance in 2024
Group's operating earnings before fair value movements increased by 8% year-on-year to nearly HKD11 billion. Total earnings rose significantly by 76% to HKD11.7 billion.
Increased Dividend
The Board recommended a fourth interim dividend of HKD1.26 per share, making the 2024 total dividend HKD3.15 per share, an increase of 1.6% from the prior year, providing a yield of 4.8%.
Expansion in Renewable Energy Projects
Construction of CLP China's largest wind and solar projects (300 MW each), the largest solar project in India (300 MW), and EnergyAustralia's largest battery (350 MW) were highlighted as significant achievements.
Operational Excellence
Hong Kong maintained network reliability at 99.999%, and Jhajjar thermal plant in India achieved record-level efficiency.
Strategic Review and Growth Momentum
Completed major gas infrastructure in Hong Kong, paving the way for coal phase-down; strategic review completed with a focus on delivering cleaner, more reliable energy and stable earnings.
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CLPHY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CLPHY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 24, 2025 | $8.30 | $8.54 | +2.89% |
| Oct 21, 2024 | $8.55 | $8.54 | -0.12% |
| Aug 05, 2024 | $8.63 | $8.63 | 0.00% |
| May 13, 2024 | $8.17 | $8.22 | +0.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CLP Holdings Ltd (CLPHY) report earnings?
CLP Holdings Ltd (CLPHY) is schdueled to report earning on Feb 24, 2025, TBA Not Confirmed.
What is CLP Holdings Ltd (CLPHY) earnings time?
CLP Holdings Ltd (CLPHY) earnings time is at Feb 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLPHY EPS forecast?
Currently, no data Available
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