Flotek Acquires Mobile Power Assets for $105 Million

TipRanks16:29 ET

Express News | Ocean Biomedical Shares Are Trading Higher After the Company Announced Plans to Develop Power Assets and Allocate Cash Reserves Into Bitcoin and Solana

BenzingaApr 22 08:14 ET

Express News | Ocean Biomedical Inc - to Develop Power Assets Focusing on Data Centers

ReutersApr 22 08:02 ET

Power Assets Holdings Announces 2025 AGM With Key Financial Decisions

TipRanksApr 22 05:10 ET

POWER ASSETS: Annual Report 2024

HKEXApr 22 04:45 ET · Announcements

Trending Industry Today: CGN POWER Leads Losses In Electric Utilities Stocks

Moomoo NewsApr 7 03:00 ET

Hong Kong stock fluctuations | The Hong Kong Utilities Industry rose against the trend, with POWER ASSETS (00006) and CLP HOLDINGS (00002) once increasing by over 2% in the afternoon.

Hong Kong's Utilities Industry highlights defensive attributes, rising against the trend today, with POWER ASSETS and CLP HOLDINGS both surging over 2% in the afternoon. As of the time of writing, POWER ASSETS (00006) is up 1.14%, trading at 48.6 HKD.

Zhitong FinanceApr 7 01:40 ET

While Public Companies Own 36% of Power Assets Holdings Limited (HKG:6), Retail Investors Are Its Largest Shareholders With 48% Ownership

Simply Wall StApr 1 22:55 ET

China Development Bank Financial Leasing Co., Ltd. Acquires Wind Power Assets

TipRanksMar 31 05:11 ET

Daiwa: Maintains POWER ASSETS "Outperform Market" rating and lowers the Target Price to 55 HKD.

Daiwa released a Research Report stating that it maintains the "Outperform" rating for POWER ASSETS (00006), with the Target Price reduced from 60 HKD to 55 HKD. The earnings per share forecast for 2025 to 2026 has been revised down by 2%, mainly due to a 30% reduction in revenue (interest) forecasts. However, due to the expectation of regulatory reset in the United Kingdom in 2025 to 2026, the profit forecasts for associated companies and joint ventures have been increased. Daiwa pointed out that POWER ASSETS had a net profit of 6.119 billion HKD last year, a year-on-year increase of 2%, in line with market expectations. Amid market concerns, POWER ASSETS presents a higher risk-reward profile, with a 5.8% dividend yield among utility stocks in Hong Kong.

Sina Hong Kong StocksMar 24 01:35 ET

Daiwa: Maintaining POWER ASSETS (00006) "Outperform the Market" rating, lowering Target Price to 55 HKD.

Although the stock is currently receiving a lot of market attention due to disputes over CKH HOLDINGS' port Trade, the bank believes the current dividend yield of this Stocks is approximately 5.8%, compared to the net debt to equity ratios of 9% to 80% in the Industry.

Zhitong FinanceMar 23 23:27 ET

POWER ASSETS HLDGS To Go Ex-Dividend On May 27th, 2025 With 0.26255 USD Dividend Per Share

Moomoo NewsMar 20 20:45 ET

Citibank: Downgrades POWER ASSETS rating to 'Neutral' and lowers the Target Price to 48 Hong Kong dollars.

Citi released a Research Report stating that it has downgraded the rating of POWER ASSETS (00006) from 'Buy' to 'Neutral', with the Target Price reduced from 61 HKD to 48 HKD. This is based on an estimated dividend yield of 5.7%, which lacks attractiveness. The forecast for POWER ASSETS' Net income for this year and next year has been revised down by 2%, reflecting adjustments in exchange rate and weighted average cost of capital assumptions. The report indicates that the past five, ten, and twenty-year average gap between POWER ASSETS' dividends and the yield on US ten-year Treasury bonds was 3.2, 2.7, and 1.9 basis points respectively, while the current gap has narrowed to 1.4 basis points. With inflation concerns following tariff increases in the USA, the yield on US ten-year Treasury bonds may have a stronger performance.

Sina Hong Kong stocksMar 20 05:10 ET

Power Assets' 2024 Attributable Profit Inches Up 2% as Revenue Falls; Shares Slide 3%

MT NewswiresMar 20 02:40 ET

Power Assets Holdings Proposes Amendments to Modernize Articles of Association

TipRanksMar 19 05:39 ET

Power Assets Holdings Reports Robust 2024 Financial Performance and Strategic Growth

TipRanksMar 19 05:09 ET

POWER ASSETS (00006) will distribute a final dividend of 2.04 Hong Kong dollars per share on June 10.

POWER ASSETS (00006) announced that the company will distribute a final dividend of 2 per share on June 10, 2025....

Zhitong FinanceMar 19 05:04 ET

POWER ASSETS (00006.HK) 2024 net profit 6.12 billion Hong Kong dollars, up 2% year-on-year.

On March 19, the Hong Kong Stock Exchange announced that POWER ASSETS (00006.HK) reported a revenue of 0.919 billion Hong Kong dollars for the year ending December 31, 2024; recording a net profit of 6.1 billion 19 million Hong Kong dollars (2023: 6 billion 3 million Hong Kong dollars), representing a growth of 2% compared to last year. The Board of Directors proposed a final dividend of 2.4 Hong Kong dollars per share. Together with the interim dividend of 0.78 Hong Kong dollars per share, the total annual dividend amounts to 2.82 Hong Kong dollars per share, the same as the dividend of 2.82 Hong Kong dollars per share from last year. The proposed dividend will be approved at the 2025 shareholders' annual general meeting and paid in June 2025.

Gelonghui FinanceMar 19 05:03 ET

Express News | Power Assets Holdings - Final Dividend of HK$2.04 per Share

ReutersMar 19 04:57 ET

Express News | Power Assets Holdings FY Net Income HKD 6,119 Million

ReutersMar 19 04:57 ET