Power Assets reports 383 percent more profit. Power Assets stock gains 1.20 percent.

Published on 10/01/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Power Assets reports HKD 14.70 billion profit for the first half of 2026. Power Assets stock traded EUR 6.73 on October 1, 2026, above EUR 6.65.

Power Assets, HK0006000050, Illustration mit AI erstellt.

Power Assets stock (HK0006000050) was trading at EUR 6.73 at Lang & Schwarz on October 1, 2026 at 11:00 a.m. CEST, plus 1.20 percent versus the prior close of EUR 6.65. The latest reported result was a sharp profit increase for the first half of 2026.

Profit jumps on asset sales

The Globe and Mail reported on August 13, 2026 that Power Assets posted unaudited interim profit of HKD 14.70 billion for the six months ended June 30, 2026, an increase of 383 percent. The result was driven mainly by the divestment of stakes in UK Power Networks and UK Rails.

The earnings comparison is unusually wide. Webull reported that net income rose from HKD 3.04 billion in the first half of 2025 to HKD 14.70 billion in the first half of 2026, while sales declined from HKD 352.00 million to HKD 298.00 million. Basic earnings per share increased from HKD 1.43 to HKD 6.90 over the same periods.

Dividend holds while cash builds

Power Assets maintained its interim dividend at HKD 0.78 per share for the first half of 2026. The company also ended that period with net cash of HKD 42.51 billion, giving the balance sheet a substantial role in the investment case alongside the exceptional profit figure.

The geographic split adds context. The United Kingdom portfolio contributed HKD 13.13 billion in profit during the first half of 2026, while the Australian contribution rose 13 percent, according to The Globe and Mail. The contrast between disposal gains and recurring utility operations is central to how the result should be read.

Stock stays inside yearly range

Power Assets was last quoted at HKD 59.65 on the Hong Kong Stock Exchange on September 30, 2026, with a 52-week range of HKD 48.62 to HKD 67.05. Its market capitalization was HKD 127.1 billion as of October 1, 2026.

At Lang & Schwarz, the stock was trading at EUR 6.73 on October 1, 2026 at 11:00 a.m. CEST, up 1.20 percent against the Lang & Schwarz prior close of EUR 6.65 on September 30, 2026. The price reference is intraday rather than an official closing price.