CLP gives profit warning
27-02-2009
CLP Holdings has warned that its profit in the coming year could drop thirty percent, as a result of a new scheme of control agreement with the government. The warning was issued as the group announced a slight drop in earnings for last year. Profit came in at 10.4 billion dollars - which is down 1.7 percent from 2007. Profits were up from the group's overseas business, but down slightly in Hong Kong.
