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  September 5, 2001
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Home > Company Index > Utilities > Electric Utilities > CLP Holdings Limited

CLP Holdings Limited
OTC: CLPHY
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 PROFILE
CLP Holdings (formerly China Light & Power) is fighting to keep its powerful hold on Hong Kong. Founded in 1901 by Elly Kadoorie, CLP is the largest investor-owned electric utility outside Japan and is one of two Hong Kong electricity companies. Subsidiary CLP Power supplies about 1.9 million customers on the colony's mainland and outlying islands. (Hong Kong Island was left to Hongkong Electric.) CLP owns 40% of Castle Peak Power, one of the world's largest coal-fired generators, with Exxon Mobil (60%). But CLP 's total 8,200-MW capacity far exceeds Hong Kong's demand, and so CLP has ventured into independent Asian power projects. The Kadoorie family owns a controlling interest in the company.

 COMPETITION
Guangdong Investment Limited (270)
Hongkong Electric Holdings Limited (HGKGY)
State Power Corporation of China (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 3,013.50
1-Yr. Sales Growth: (21.7)%
Employees: 3,899
Revenue per employee: $772,890.48

 KEY PEOPLE
• Ross E. Sayers
    CEO
• Peter P. W. Tse
    CFO

 CONTACT INFO
147 Argyle St.
Kowloon, Hong Kong
Phone: 852-2678-8111
Fax: 852-2760-4448
Online: Web Site

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