EnergyAustralia facing headwinds for some time: Kadoorie

ENERGYAUSTRALIA parent company CLP Holdings has confirmed its Australian energy generator and retailer will suffer A$1.18 billion in write-downs for the first six months of 2019, crippled by the Morrison government's regulations.

EnergyAustralia facing headwinds for some time: Kadoorie EnergyAustralia facing headwinds for some time: Kadoorie EnergyAustralia facing headwinds for some time: Kadoorie EnergyAustralia facing headwinds for some time: Kadoorie EnergyAustralia facing headwinds for some time: Kadoorie

 

In June CLP said it had revised guidance and it expected to make a reduction in goodwill for the first half of the year in the range of HK$6 billion (A$1.1 billion) to HK$7 billion (A$1.