Power Assets Holdings Ltd

00006: XHKG (HKG)
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Power Assets Earnings: Interims in Line, Valuation Raised on UK Rails Sale

Power Assets Holdings, or PAH, saw stable interim net profit of HKD 3.04 billion driven by growth in its Hong Kong and UK utility contributions that offset slightly weaker earnings elsewhere. The group's impending sale of UK Rails should provide PAH with a one-off investment gain.

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