| Financial
Policy and Position
CHH maintains a prudent financial management policy to allow flexibility to cope with the ups and downs in business cycles as well as to complement strategic directions.
Sources
of Income
As an investment holding company, CHH’s earnings are mainly supported by :-
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Share of profits of associates － Western Harbour Crossing and Tate’s Cairn Tunnel |
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Share of profit of a jointly controlled entity － Autotoll |
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Dividend and interest income from a portfolio of investment securities |
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Tuition fees income from the driving training operations |
Liquidity
and Financial Resources
CHH has sufficient cash balances and banking facilities to meet the forseeable funding needs for working capital and capital expenditure.
Dividend
Policy
CHH targets to maintain a steady return to the shareholders and at the same time a strong balance sheet in pursuing investment opportunities in the future. At present, CHH maintains to pay dividend four times (quarterly) a year.
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