CLP Sales Rise 16% as Hong Kong, Australian Power Demand Gains
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CLP Holdings Ltd., the biggest power supplier in Hong Kong, said revenue rose 16 percent in the first nine months as a recovery in the city’s economy boosted consumption and demand in Australia increased.
Sales climbed to HK$43.5 billion ($5.6 billion) from HK$37.6 billion a year earlier, CLP said in a statement to the Hong Kong stock exchange today. Sales in the city rose 4.3 percent to HK$21.9 billion.