Summary by Futu AI
The power industry posted strong full-year results in 2023, with shareholders expecting a profit of HK$60 billion, up 6% from 2022. The Group operates a diversified power and gas business, has a strong performance in several countries and regions around the world, and is actively promoting carbon reduction initiatives. Despite the inflationary and high interest rate environment in the global market, the Group's business is highly resilient. The Board of Directors proposes a final dividend of HK$2.4 per share, consistent with 2022. Dividends will be distributed on 11 June 2024 to holders of shares registered on 28 May. The Group has performed well in the UK, Australia, Hong Kong and more, and has made progress in sustainability, including the promotion of hydrogen technology and renewable energy projects. The Group's financial position is stable and its net cash position helps maintain its A-grade credit rating and is able to seize opportunities for growth.