Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00001 CKH HOLDINGS
RTNominal up43.150 +0.300 (+0.700%)
Result Announcements

03/08/2017 16:54

Husky Energy interim net loss narrows to C$22m

[ET Net News Agency, 3 August 2017] CK Hutchison Holdings (00001) said in its interim
results announcement that Husky Energy, its associated company listed in Canada, reported
a net loss of C$22 million in the first half of 2017, a 97% improvement from a net loss of
C$654 million in the first half of 2016.
The improvement was mainly due to higher Upstream commodity prices, higher contribution
from the increased production of higher margin thermal developments in Western Canada and
the Liwan Gas Project in Asia Pacific, partly offset by an after-tax impairment charge of
C$123 million on certain Upstream legacy assets in Western Canada.
Average production in the first six months of 2017 was 326,700 barrels of oil equivalent
per day, a 1% decrease when compared to the same period last year, mainly due to the sale
of selected low margin legacy crude oil and natural gas assets, partly offset by increased
production from thermal developments including production ramp up at the Sunrise Energy
Project, new production from Edam West, Vawn and Edam East thermal developments and strong
production performance from the Tucker Thermal Project, as well as increased natural gas
and natural gas liquids production from the Liwan Gas Project in Asia Pacific. (HL)

Remark: Real time quote last updated: 19/09/2024 14:39
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.