September 27, 2016 12:43 AM ET

Electric Utilities

Company Overview of SP PowerAssets Ltd.

Company Overview

SP PowerAssets Limited provides electricity transmission and distribution services in Singapore. As of March 31, 2016, the company had a network of approximately 21,600 kilometers of cable circuits; and 400 kilovolt (kV), 230kV, and 66kV transmission facilities, as well as 22kV, 6.6kV, and 400 volt distribution facilities, which include substations, switchgears, and transformers. It served approximately 163,000 industrial and commercial electricity consumers and approximately 1.32 million domestic electricity consumers in Singapore. The company was incorporated in 2003 and is based in Singapore. SP PowerAssets Limited is a subsidiary of Singapore Power Limited.

No. 03-01, Mapletree Business City

10 Pasir Panjang Road

Singapore,  117438

Singapore

Founded in 2003

Phone:

65 6378 8888

Fax:

65 6820 2608

Key Executives for SP PowerAssets Ltd.

Managing Director of SP PowerGrid Limited
Managing Director of Finance - SP PowerGrid Limited
Managing Director of Special Projects - SP PowerGrid Limited
Head of Asset Management Department - SP PowerGrid Limited
Head of Electricity Operations Department - SP PowerGrid Limited
Compensation as of Fiscal Year 2016.

SP PowerAssets Ltd. Key Developments

SP PowerAssets Ltd. Reports Audited Earnings Results for the Year Ended March 31, 2016

SP PowerAssets Ltd. reported audited earnings results for the year ended March 31, 2016. For the year, the group reported revenue of $1,393.5 million, operating profit of $637.6 million, profit before taxation of $537.6 million and profit of $452.6 million against revenue of $1,483.5 million, operating profit of $810.1 million, profit before taxation of $718.7 million, profit of $592.7 million for the same period a year ago. Net cash generated from operating activities was $1,089.5 million against $970.2 million for the same period a year ago. Purchase of property, plant and equipment was $704.7 million against $845.6 million for the same period a year ago. Purchase of intangible assets was $16.9 million against $22.0 million for the same period a year ago. Net debts was $4,859.0 million against $4,854.0 million a year ago.

SP PowerAssets Ltd. Reports Audited Earnings Results for the Year Ended March 31, 2015

SP PowerAssets Ltd. reported audited earnings results for the year ended March 31, 2015. For the year, the group reported revenue of $1,483.5 million, operating profit of $810.1 million, profit before taxation of $718.7 million and profit of $592.7 million against revenue of $1,193.8 million, operating profit of $537.3 million, profit before taxation of $457.1 million, profit of $378.6 million for the same period a year ago. Net cash generated from operating activities was $970.2 million against $1,036.6 million for the same period a year ago. Purchase of property, plant and equipment was $845.6 million against $814.3 million for the same period a year ago. Purchase of intangible assets was $22.0 million against $16.8 million for the same period a year ago.

Recent Private Companies Transactions

Type
Date
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No transactions available in the past 12 months.
 

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