26 Feb CLP Holdings posts sevenfold profit jump in 2023 amid fair value adjustments, but misses expectations as revenue drops
Posted at 14:43h
in Asia
CLP Holdings, which runs the larger of Hong Kong’s two power utilities and has significant operations in Australia and India, reported a sevenfold profit jump in 2023 buoyed by a turnaround in the fair value related to its forward energy contracts.But its earnings fell short...