HONG KONG: Infrastructure and property company, Hopewell Holdings Ltd, reported yesterday a strong rise in annual net profit after it sold a power station in Indonesia earlier this year and spun off its infrastructure operations to help reduce debt.
Hopewell, which also announced a sharp increase in its dividend, attributed the surge in profit to the write-back of HK$366mil from the impairment loss on its Indonesian power plant project and a strong performance by its Guangzhou-Shenzhen Superhighway.
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