A Snapshot Of 2018 Annual Report
A Snapshot Of
2018 Annual Report
2018 Annual Report
CEO message
Our strategy is to transform into a Utility of the Future which engages directly with our customers and progressively decarbonises our portfolio. We do this by leveraging new and emerging technologies so that we can continue to deliver on our purpose and grow the business.
Richard Lancaster
Chief Executive Officer
Richard Lancaster
Chief Executive Officer
2018 in figures
2018 in figures
At CLP, we utilise a range of capitals, which represent stores of value that can be built up, transformed or depleted in the production of goods or services, to create value for shareholders, customers, employees and the wider community.
business performance
Our operating earnings increased 5.1% from 2017 to HK$13,982 million. The diagram on the rightbelow shows the operating earnings in the five markets where we operate.
View MoreOPERATING EARNINGS1 BY MARKET
Hong Kong
Mainland china
india
Southeast Asia and Taiwan
Australia
58%
15%
4%
1%
22%
Note 1: Before unallocated expenses
OPERATING EARNINGS1 BY MARKET
Hong Kong
Mainland china
india
58%
15%
4%
Southeast Asia and Taiwan
Australia
1%
22%
Note 1: Before unallocated expenses
financial highlights
Group operating earnings increased 5.1% to HK$13,982 million driven by higher earnings from Australia and Mainland China partially offset by lower permitted rate of return in Hong Kong since October; total earnings decreased 4.9% to HK$13,550 million.
REVENUE
financial highlights
Group operating earnings increased 5.1% to HK$13,982 million driven by higher earnings from Australia and Mainland China partially offset by lower permitted rate of return in Hong Kong since October; total earnings decreased 4.9% to HK$13,550 million.
extended reading
Get the full Annual Report and read more about our sustainability performance.