2638 On Other Exchanges
Symbol
Exchange
2638 is not on other exchanges.

hk electric investments -ss (2638) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
--
EPS TTM
--
Shares Outstanding
--
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HK ELECTRIC INVESTMENTS -SS (2638)

hk electric investments -ss (2638) Related Businessweek News

View More BusinessWeek News

hk electric investments -ss (2638) Details

HK Electric Investments and HK Electric Investments Limited, a vertically integrated power utility, generates, transmits, and distributes electricity in Hong Kong Island and Lamma Island. The company operates 8 coal-fired units, 2 gas-fired combined cycle units, 5 oil-fired open cycle gas turbine units, 1 wind turbine, and a solar power system consisting of 8,662 thin film photovoltaic panels in the Lamma Power Station with an installed capacity of approximately 3,737 megawatts. Its transmission system consists of 275 kilovolts and 132 kilovolts underground and submarine cables; and distribution network comprises 11kV and 22kV to approximately 3,800 customer (distribution) substations. HK Electric Investments and HK Electric Investments Limited serves 570,000 commercial and industrial customers. The company was founded in 1889 and is based in Hong Kong, Hong Kong.

1,783 Employees
Last Reported Date: 08/9/16
Founded in 1889

hk electric investments -ss (2638) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $13.7M
Chairman, Member of Remuneration Committee an...
Total Annual Compensation: $740.0K
Director of Operations and Executive Director
Total Annual Compensation: $7.2M
Executive Director
Total Annual Compensation: $4.4M
Executive Director
Total Annual Compensation: $2.5M
Compensation as of Fiscal Year 2015.

hk electric investments -ss (2638) Key Developments

HK Electric Investments and HK Electric Investments Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

HK Electric Investments and HK Electric Investments Limited reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of HKD 5,326 million compared to HKD 5,232 million a year ago. Operating profit was HKD 2,413 million compared to HKD 2,435 million a year ago. Profit before taxation was HKD 1,793 million against HKD 1,931 million a year ago. Profit for the period attributable to the holders of share stapled units/shares of the company was HKD 1,101 million or 12.46 cents per basic and diluted share compared to HKD 1,205 million or 13.64 cents per basic and diluted share a year ago. Net cash generated from operating activities was HKD 3,598 million against HKD 3,430 million a year ago. Capital expenditure for property, plant and equipment authorised and contracted for was HKD 2,734 million against HKD 2,248 million a year ago. Capital expenditure for property, plant and equipment authorised but not contracted for was HKD 8,369 million against HKD 9,588 million a year ago.

HK Electric Investments Declares Interim Distribution for the Six Months Ended June 30, 2016

The Trustee-Manager Board of HK Electric Investments has declared an interim distribution of HK 19.92 cents compared to HK 19.92 cents per SSU for the six months ended 30 June 2016. In order to enable the Trust to pay that distribution, the company Board has declared the payment of a first interim dividend in respect of the Company's ordinary shares held by the Trustee-Manager of HK 19.92 cents compared to HK 19.92 cents per ordinary share in respect of the same period.

HK Electric Investments and HK Electric Investments Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016

HK Electric Investments and HK Electric Investments Limited announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, revenue was HKD 5,326 million against HKD 5,232 million a year ago. Operating profit was HKD 2,413 million against HKD 2,435 million a year ago. Profit before taxation was HKD 1,793 million against HKD 1,931 million a year ago. Profit for the period attributable to the holders of Share Stapled Units/shares of the company was HKD 1,101 million against HKD 1,205 million a year ago. Basic and diluted earnings per share were 12.46 cents against 13.64 cents a year ago. EBITDA was HKD 3,817 million against HKD 3,789 million a year ago. Capital expenditure during the period amounted to HKD 962 million against HKD 656 million, which was primarily funded by cash from operations. As at 30 June 2016, the net debt of the Trust Group was HKD 40,653 million against HKD 41,060 million a year ago.

 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

2638 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for 2638.
View Industry Companies
 

Industry Analysis

2638

Industry Average

Valuation 2638 Industry Range
Price/Earnings 18.9x
Price/Sales 5.8x
Price/Book 1.4x
Price/Cash Flow 18.9x
TEV/Sales 2.2x

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact HK ELECTRIC INVESTMENTS -SS, please visit www.hkelectric.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.