CLP Holdings Ltd, Hong Kong's biggest power utility, said first-quarter sales rose 19 percent from a year earlier as demand increased for production from its units in mainland.
Sales climbed to HK$12.9 billion (US$1.7 billion) from HK$10.9 billion a year earlier, the company said in a statement to the stock exchange yesterday. CLP recommended paying a first-quarter dividend of 52 Hong Kong cents a share, unchanged from a year earlier. CLP didn't report net income for the period.