BRIEF-CLP Holdings Declares Third Interim Dividend For 2019 Of HK$0.63 Per Share

Reuters

Updated 21 October 2019 at 6:12 am

Oct 21 (Reuters) - CLP Holdings Ltd:

* 9-MONTH TOTAL ELECTRICITY SALES, INCLUDING HONG KONG SALES AND SALES TO MAINLAND CHINA, DECREASED 0.3%

* DECLARED THIRD INTERIM DIVIDEND FOR 2019 OF HK$0.63 PER SHARE

* RETAIL COMPETITION REMAINS INTENSE, PARTICULARLY IN VICTORIA

* ENERGYAUSTRALIA HAS ALSO BEEN WORKING CLOSELY WITH STATE GOVERNMENT & MINE OWNER CENTENNIAL TO FIND ALTERNATIVE SOURCES OF COAL

* CLP INDIA'S NEW 250MW WIND ENERGY PROJECT IS EXPECTED TO GO INTO OPERATION IN 2021

* IN AUSTRALIA, CONTINUATION OF HIGH & VOLATILE WHOLESALE PRICES RAISED COSTS OF PROCURING ENERGY, ESPECIALLY DURING HIGH CUSTOMER DEMAND PERIOD

* CONTINUATION OF HIGH AND VOLATILE WHOLESALE PRICES EXPECTED TO IMPACT SUPPLY COST FOR FUTURE PERIODS IN AUSTRALIA Source text for Eikon: Further company coverage:

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