Earnings Alerts

CLP Holdings (2) Earnings: 1H Net Income Reaches HK$5.95B with 63 HK Cents Dividend

  • CLP Holdings reported a net income of HK$5.95 billion for the first half of 2024.
  • The company’s revenue for this period was HK$44.09 billion.
  • They announced a second interim dividend of 63 HK cents per share.
  • Analysts have mixed recommendations on CLP Holdings:
    • 4 analysts recommend buying the stock.
    • 4 analysts suggest holding the stock.
    • 1 analyst recommends selling the stock.

A look at CLP Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CLP Holdings Limited, a prominent player in the energy sector, seems to have a promising long-term outlook based on Smartkarma Smart Scores. With a solid momentum score of 4, the company appears to be experiencing positive trends that could signal continued growth and performance in the future. Additionally, CLP Holdings receives respectable scores in the dividend and growth categories, indicating a balanced approach to rewarding investors while focusing on expanding its operations.

While the company’s value and resilience scores are slightly lower, suggesting some areas for improvement, CLP Holdings‘ strong momentum score paints a picture of a company on an upward trajectory. Overall, with its diversified operations across various regions and energy sources, CLP Holdings seems well-positioned for sustained growth and resilience in the evolving energy landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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