Citigroup: CLP Holdings (00002.HK) earnings in the first half of the year slightly exceeded expectations, with growth achieved in all major regions.

According to the Zhitong Finance APP, Citigroups report indicates that CLP Holdings (00002.HK) reported slightly better-than-expected earnings in the first half of the year, with mid-term earnings increasing by 6.6% year-on-year to HKD 5.997 billion, surpassing the market expectation of HKD 5.62 billion. Operating profit, excluding fair value changes, rose by 9.7% year-on-year to HKD 5.733 billion. The improvement in earnings is primarily attributed to increased contributions from all major overseas markets and continued growth in regulated businesses in Hong Kong. The rating is "Neutral," with a target price of HKD 78.