Clp Holdings Ltd S/Adr (CLPHY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone, and welcome to CLP Holdings' 2026 Interim Results Briefing. My name is Marissa Wong, Head of Investor Relations, and it's a pleasure to have you with us today. I'm joined by our Chief Executive Officer, Mr TK Cheung, and our Chief Financial Officer, Mr Alex Kaiser. Our interim results was announced with the Hong Kong Exchange at midday today. Both that announcement and today's presentation are now available on the CLP IR website. Today's session is being recorded. The archive will be posted on our website shortly after we conclude. Before we begin, I'll direct your attention to the disclaimer on slide two. And today's agenda will start with TK providing our first half highlights. Alex will then talk us through the financial results and TK will return to share our strategic outlook. We will then move to a Q&A session, and we very much welcome your questions and engagement. With that, I'll now hand over to TK to begin the briefing. Over to you, TK. Thank you, Marissa. Good afternoon, everyone, and thank you for joining us. The first half of 2026 was a strong start to the year, set against continued global energy market volatility and evolving market conditions. The group delivered solid earnings growth while positioning itself to capture the opportunities reshaping our sector, rising demand from data centres and accelerating energy transition. Our performance reflects three consistent themes. First, a strong earnings performance led by our regulated Hong Kong business, where continued capital investment is driving stability and growth, alongside improved contributions from every region. Second, we made tangible progress on portfolio value creation and capital discipline. We delivered a decarbonisation milestone with the sale of Jajaco plants. ...