Stronger Performance in Australia Underpins CLP's Fiscal 2017 Result
CLP Holdings posted a solid second-half result with full-year revenue of HKD 92.1 billion ahead of our HKD 86.9 billion forecast, mainly attributable to a better result in Australia. Offset by lower-than-expected associates income, net profit of HKD 14.2 billion was largely in line with our HKD 14.1 billion forecast. Excluding investments for a property development in Hong Kong, free cash flow was strong and increased 2% to HKD 22.9 billion. In the context of heavy investments and the acquisitio...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.