CLP (2) Q1 2026 earnings summary

Executive summary

• Electricity sales in Hong Kong rose 3.2% year-over-year to 7,319 GWh, driven by strong demand in commercial, infrastructure, and data centre sectors.

• Ongoing investments in infrastructure, sustainability, and EV charging support Hong Kong's economic and green transition.

• Expansion and reliable operation of non-carbon assets in Mainland China, Australia, India, and Southeast Asia continued.

Financial highlights

• First interim dividend for 2026 declared at HK$0.63 per share, unchanged from 2025, payable on 15 June 2026.

• HK$270 million allocated to the Community Energy Saving Fund, with HK$50 million in subsidies benefiting over 70,000 households.

Outlook and guidance

• Policy support in China and Hong Kong expected to drive further growth in renewables and infrastructure.

• Retail electricity tariffs in eastern Australia set to drop from July, reflecting lower wholesale prices.