HK Electric Investments and HK Electric Investments Limited (HKVTY)

5.77 0.00 (0.00%) At close: 04:37PM EDT

HK Electric Investments and HK Electric Investments Limited

Hongkong Electric Centre
44 Kennedy Road
Hong Kong
Hong Kong
852 2843 3111
https://www.hkelectric.com

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 1,657

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kin Ning Fok BA, DFM, F.C.A., FCA (ANZ)	Executive Chairman	194.01k	N/A	1951

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

HK Electric Investments and HK Electric Investments Limited, an investment holding company, engages in the generation, transmission, distribution, and supply of electricity in Hong Kong Island and Lamma Island. As of December 31, 2023, the company operated 5 coal-fired units, 5 oil-fired gas turbine units, 3 gas-fired combined-cycle units, 1 solar power system, and 1 wind turbine with an installed capacity of 3,403 megawatts. It also operated a transmission and distribution network of 6,969 kilometers, as well as served 589,000 residential, commercial, and industrial customers. The company also involved in the financing business. HK Electric Investments and HK Electric Investments Limited was incorporated in 1889 and is headquartered in Hong Kong, Hong Kong.

Corporate governance

HK Electric Investments and HK Electric Investments Limited’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 2; Board: 9; Shareholder rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.