|Bid||41.000 x 0|
|Ask||41.050 x 0|
|Day's Range||40.550 - 41.300|
|52 Week Range||35.450 - 58.500|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||9.84|
|Earnings Date||Aug. 05, 2020|
|Forward Dividend & Yield||2.46 (6.06%)|
|Ex-Dividend Date||May 18, 2020|
|1y Target Est||74.44|
CK Infrastructure Holdings <1083.HK> and unit Power Assets Holdings <0006.HK> said the firms expect a material reduction in their first-half net profit compared to a year ago, due to the re-measurement of the deferred tax balances in the U.K. Both firms are subsidiaries of CK Hutchison <0001.HK> which was founded by retired billionaire Li Ka-shing. The parent company, which holds around 72% in CK Infrastructure, said it does not expect a material impact on its financial results however, because the charge is expected to be substantially offset by one-off deferred net tax gain of a similar amount arising from its other operations in the U.K.
CK Infrastructure Holdings Limited (HKG:1038) led the SEHK gainers with a relatively large price hike in the past...
KKR & Co. <KKR.N> has tapped Hong Kong's CK Infrastructure Holdings Ltd <1038.HK> and buyout groups including Blackstone <BX.N> and Sweden's EQT AB <EQTAB.ST> to gauge buying interest for Singapore-based Goodpack, an intermediate bulk container maker, multiple sources with knowledge of the matter said. Working with advisors, private equity group (PE) KKR has reached out to more than a dozen potential buyers as it seeks bids for a deal that could give Goodpack a valuation of at least $2 billion (£1.5 billion), the sources said. The sources declined to be identified as they were not authorised to speak to the media.