OREANDA-NEWS. October 23, 2012. The 2012 Quarterly Statement (January-September) of CLP Holdings Limited has been released.
The same Statement will be dispatched to shareholders on 26 Oct 2012, reported the press-centre of CLP.

Revenue from our Hong Kong electricity business increased by 9.7% mainly due to the sale of more units and to the tariff increase with effect from 1 January 2012. Revenue from our energy business in Australia also increased as a result of the full nine months’ effect of the New South Wales acquisition in March 2011 and the rise in electricity tariffs since July 2011.

Hong Kong Electricity Business
In the first nine months of 2012, local sales of electricity were 24,828GWh, representing an increase of 2.9% over the same period last year. This growth was mainly attributable to higher humidity in the first quarter and hotter weather in the second quarter compared to the previous year. Considerable growth was recorded for sales to the Residential sector, whereas sales to the Commercial and Infrastructure & Public Services sectors recorded only moderate growth. Sales to the Manufacturing sector continued to decline.

 Revenue from our Hong Kong electricity business increased by 9.7% mainly due to the sale of more units and to the tariff increase with effect from 1 January 2012. Revenue from our energy business in Australia also increased as a result of the full nine months’ effect of the New South Wales acquisition in March 2011 and the rise in electricity tariffs since July 2011.

Hong Kong Electricity Business
In the first nine months of 2012, local sales of electricity were 24,828GWh, representing an increase of 2.9% over the same period last year. This growth was mainly attributable to higher humidity in the first quarter and hotter weather in the second quarter compared to the previous year. Considerable growth was recorded for sales to the Residential sector, whereas sales to the Commercial and Infrastructure & Public Services sectors recorded only moderate growth. Sales to the Manufacturing sector continued to decline.

Sales to the Chinese mainland decreased by 16.7% to 1,441GWh in the nine-month period. Total unit sales in the period, which included both local sales and sales to the Chinese mainland, increased by 1.6% to 26,269GWh.

A new local maximum demand of 6,769MW was recorded on 28 August, being a small increase of 3 MW over the previous historical peak 6,766 MW recorded in 2010. 

A section of the coal conveyor belt structure transporting coal to Castle Peak “A” Power Station detached and fell to the ground on 25 July 2012 following the passage of Severe Typhoon Vicente, a No. 10 Signal Hurricane. No injuries occurred and power supply to customers was not affected. Full restoration of the coal conveyor was completed in mid-September, more than a month ahead of schedule. With CLP’s robust electricity supply system and well-established business continuity plan in place, a stable and reliable supply of electricity to all customers was maintained during the restoration period despite the high summer demand.

Dividend
Directors today declared the third interim dividend for 2012 of HKD 0.53 per share payable on 14 December 2012 to Shareholders registered as at 5 December 2012. The dividend of HKD 0.53 per share (2011: HKD 0.52 per share) is payable on the existing 2,406,143,400 shares of HKD 5.00 each in issue. 

The Register of Shareholders will be closed on 5 December 2012. To rank for this dividend, all transfers should be lodged with the Company’s Registrars, Computershare Hong Kong Investor Services Limited, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong for registration not later than 4:30 p.m. on Tuesday, 4 December 2012.