Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document . CK Infrastructure Holdings Limited 長江 基建 集團 有限公司 ( Incorporated in Bermuda with limited liability ) ( Stock Code : 1038 ) INTERIM RESULTS FOR 2021 STRONG GROWTH OF FUNDS FROM OPERATIONS During the first six months of 2021 , the impact of COVID - 19 continued to reverberate around the world . Amidst the disruption to business and everyday life caused by the pandemic , CK Infrastructure Holdings Limited ( “ CKI ” , the “ Company ” or the “ Group ” ) continued to demonstrate resilience , generating stable recurring cashflow . For the six months ended 30th June , 2021 , funds from operations of the Group were a record high¹ of HK $ 4,360 million , representing a 29 % growth as compared to the corresponding period last year . During the period under review , the Group recorded profit attributable to shareholders of HK $ 3,011 million , a year - on - year increase of 5 % . Of note is that this increase does not fully reflect the performance of CKI . The proposed increase of corporate tax from 19 % to 25 % in the United Kingdom starting April 2023 was granted Royal Assent in June 2021 , and consequently higher non - cash deferred tax related charges have been booked for the United Kingdom operations . Excluding the non - cash deferred tax related charges in both periods , the adjusted profit attributable to shareholders would have increased by 13 % . 1 When comparing historic funds from operations , the special dividend payouts from Power Assets in 2017 and 2018 which arose due to the IPO of HK Electric were excluded . CK Infrastructure Holdings Limited 4/8/2021 1