Clp Holdings Ltd S/Adr (CLPHY) Q4 2022 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everybody, and welcome to 2022 Annual Results for CLP Holdings. My name is Marissa Wong, Director of Investor Relations, and I'm joined by Chief Executive Officer, Mr Richard Lancaster, and Chief Financial Officer, Mr Nicola Tissot, who will both be delivering the briefing today. We will follow our usual practice and hear from Richard on CLP's 2022 overview, as well as strategic outlook, and then Nicola on our financial results. This will be followed by a Q&A session. For Zoom participants, please use your raised hand icon to ask a live question. And for you joining webcast, please submit your questions through the Q&A box at the bottom right hand of your screen. Some housekeeping matters before we begin. We lodged our 2022 Annual Results announcement with the Hong Kong Exchange around midday today. The announcement, this briefing and the presentation will be available online later. And please remember to read the disclaimer on slide one. With that, I will now hand over to Richard to begin the briefing. Thank you, Richard. Good afternoon, ladies and gentlemen, and welcome to our 2022 Annual Results presentation. 2022 was a year of challenges and shocks. The events we experienced were unprecedented and they fundamentally saw the energy sector change and the world playing catch up to this change. The Russia Ukraine conflict impacted all of us. Energy costs increased as countries clamoured to secure energy. We saw inflation and rising interest rates putting pressure on the cost of living and the acceleration of the energy transition as the world looked for ways to address climate change. All of these were against the backdrop of a lingering pandemic and the uncertainty of international politics. It certainly was one of the most challenging times in recen...