43 Followers HKEX:6 - Power Assets Holdings Ltd Power Assets
Sector: Utilities, Industry: Independent Power Producers & Energy Traders
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HKD 45.1    +1.25 (+2.85%)

12 Jul 2024


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General

Established: NA

Country: null

City: null

Employees: NA

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Description

Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the UK, Australia, Canada, Europe, and New Zealand. Profit from its regulated assets make up around 80% of total income, with contribution from its UK and Australian assets totaling more than 60% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CK Infrastructure Holdings.

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