The CLP Group is one of the largest investor-owned power businesses in Asia Pacific. Our strategic priorities are to create a sustainable business portfolio, accelerate our response to climate change for our business and the communities we operate in, serve growing demand for energy solutions, leverage technology to deliver leading customer experiences and enhance operating performance, and invest to build an agile and innovative workforce.

At CLP, we utilise various inputs to create value for shareholders, customers, employees and the wider community.

Group operating earnings before fair value movements increased 33.2% to HK$10,127 million attributable to dependable contributions from our core business in Hong Kong and Mainland China and significant improvement in overseas business. With the turnaround of fair value movements, from a loss of HK$2,979 million to a gain of HK$2,125 million, and after taking into account the items affecting comparability, mainly impairment of goodwill of the Customer business in Australia of HK$5,868 million, total earnings came at HK$6,655 million, a strong rebound from HK$924 million for 2022.