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CLP HOLDINGS Foresees Mar Fuel Prices to Drop Further, Aiming to Sustain Biz & Div. Growth
Recommend 9 Positive 16 Negative 10 |
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Due to the decline in international fuel prices, the overall average net metering in January 2026 has decreased by 2.6% YoY, Chiang Tung Keung, CEO of CLP HOLDINGS (00002.HK), said. As international fuel prices continued to fall, the fuel costs for March are also expected to decrease further. It is anticipated that the fuel price adjustment mechanism will provide some assistance to customers. He admitted that geopolitical instability definitely affects oil prices and will closely monitor the trends. After accounting for one-off items affecting comparability, CLP HOLDINGS' 2025 net profit fell by more than 10% YoY to $10.468 billion, while the fourth interim DPS increased to $1.31, leading to a 1.6% increase in the full-year DPS to $3.2. Chiang emphasized that CLP HOLDINGS' dividend policy has always aimed to maintain a solid and steadily rising dividend when business continues to grow. The Board will consider the business development prospects and outlook for future specific dividends. AASTOCKS Financial News Website: www.aastocks.com |
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