CLP HOLDINGS 1Q Hong Kong Electricity Sales +3.2% YoY, First Interim DPS Kept at HKD0.63
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CLP HOLDINGS reported a 3.2% YoY increase in Hong Kong electricity sales for 1Q, totaling 7.319 billion kilowatt-hours. The company declared a first interim dividend of HKD0.63 per share, unchanged from last year. The rise in sales was attributed to economic improvements, particularly in data centres, which saw an 11.1% increase. However, residential sales fell by 2.9% due to warmer weather and increased travel.
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