POWER ASSETS(00006)

51.450-1.300-2.46%

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Company Profile
Company Name
POWER ASSETS
Market
SEHK
Establishment Date
- -
Employees
- -
Office Location
- -
Website
http://www.powerassets.com
Zip Code
- -
Phone
- -
Fax
- -
Introduction
Power Assets Holdings Ltd is an investment holding company mainly engaged in the energy and utility-related businesses. The Company operates its business through three segments. The Investment segment is involved in the investment in power and utility-related businesses. The Investment in HKEI segment is involved in the investment in generation and supply of electricity business in Hong Kong. The All Other Activities segment is engaged in the other activities carried out by the Company. The Company’s business insists of generation of thermal and renewable power, the transmission of electricity and oil as well as the distribution of electricity and gas. The Company distributes its products within the domestic market and to overseas markets, including United Kingdom, Australia, New Zealand, Thailand, the Netherlands, Portugal and Canada.

1D
5D
Day
Week
Month

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High

53.200

Open

52.900

Volume%

1.78

Low

51.150

Close

52.750

T/O Rate

0.27%

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The company's unaudited profit for the 6 months ended June 30, 2023, was HKD 29.59 billion, showing strong core business performance despite rising global market interest rates and weak foreign currency exchange rates. 2. Hong Kong business contributed HKD 3.28 billion in profit, with a 3% increase in electricity sales compared to the same period in 2022 due to warmer weather and gradual normalization of economic and business activities. 3. In mainland China, Jinwan Power Plant saw increased electricity sales due to strong industrial demand, and the Dali and Leting wind farms produced renewable energy that reduced carbon emissions by 99,000 tons in the past 6 months. 4. Wellington Electricity Lines Limited achieved safety, reliability, and customer service indicators whi","sourceLanguage":"EN","currentLanguage":"EN","editable":false,"auditStatus":"PASSED","topFlag":false,"totalScore":0,"gmtCreate":1690975269623,"gmtModify":1690975586191,"symbols":["00006"],"themeIds":[],"popularizeThemeFlag":false,"imageCount":0,"images":[],"repostCount":0,"viewCount":173,"likeCount":1,"liked":false,"collected":false,"commentCount":0,"hotComments":[],"voteFlag":false,"rewardFlag":false,"videoFlag":false,"articleFlag":false,"paperFlag":true,"essentialFlag":false,"highlightedFlag":false,"shareLink":"https://ttm.financial/post/204677091479656","orderFlag":false,"starInvestorRankings":[],"featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":1701,"displayRows":4,"strategy":"timeline","authorId":"4150434403555182"}]},{"cardType":"TWEET","cardId":"TWEET.9085608167","cardData":[{"tweetId":"9085608167","author":{"authorId":"4098573842489750","idStr":"4098573842489750","name":"ToughCoyote","avatar":"https://static.tigerbbs.com/58563f63b7e52669e57762bb4ebee968","userType":1,"introduction":"","crmLevel":2,"crmLevelSwitch":0,"wearingBadge":{"badgeId":"c4ee29b388ff41cc8462b3b7ea00d1e2-1","templateUuid":"c4ee29b388ff41cc8462b3b7ea00d1e2","name":"Monthly Top Contributor","description":"Top 3 Contributors with the most and best Editor's Picks every month","bigImgUrl":"https://static.tigerbbs.com/b0cad6192443c33dca826a001250fbd4","smallImgUrl":"https://static.tigerbbs.com/5ccd98c646815ce7610b0df338e060cc","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.05","individualDisplayEnabled":0,"individualDisplaySort":0},"individualDisplayBadges":[],"fanSize":1142,"starInvestorFlag":false,"userFollowAuthorFlag":false,"authorFollowUserFlag":false},"userFollowAuthorFlag":false,"authorFollowUserFlag":false,"digest":"Global inflation will continue to rise in the future, and the best way to fight inflation is to buy high-yield stocks, which are simple and straightforward. The high dividend stocks I mentioned earlier are still my top picks, such as CKI, Power Assets, PCCW. CKI has a stable dividend distribution, and the dividend has also increased every year, and it has never been reduced. In addition to paying high dividends, the company has the financial strength to continue to develop, so&nbsp;CKI is the first choice. Power Industry is not very affected by the economic environment. The dividend distribution business of Power is stable in the immediate economic deterioration, but the stock price may fluctuate somewhat in the long run. PCCW has the concept of hype in addition to high interest rates. It","plainDigest":"Global inflation will continue to rise in the future, and the best way to fight inflation is to buy high-yield stocks, which are simple and straightforward. The high dividend stocks I mentioned earlier are still my top picks, such as CKI, Power Assets, PCCW. CKI has a stable dividend distribution, and the dividend has also increased every year, and it has never been reduced. In addition to paying high dividends, the company has the financial strength to continue to develop, so CKI is the first choice. Power Industry is not very affected by the economic environment. The dividend distribution business of Power is stable in the immediate economic deterioration, but the stock price may fluctuate somewhat in the long run. PCCW has the concept of hype in addition to high interest rates. 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The Company operates its business through three segments. The Investment segment is involved in the investment in power and utility-related businesses. The Investment in HKEI segment is involved in the investment in generation and supply of electricity business in Hong Kong. The All Other Activities segment is engaged in the other activities carried out by the Company. The Company’s business insists of generation of thermal and renewable power, the transmission of electricity and oil as well as the distribution of electricity and gas. 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