CK Infrastructure Holdings Ltd
01038: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &FN | LOCK|^yF^@ | LOCK|d<kNrsd |
CKI Holdings is Well Positioned to Make Material Acquisitions
Business Strategy and Outlook
CK Infrastructure functions almost like an infrastructure trust where it owns a portfolio of regulated utilities and other infrastructure-related activities with stable income streams. The company receives dividends from its assets and builds up cash to make periodic acquisitions of similar assets. Low- to mid-single-digit organic earnings growth is lifted by income contribution from acquisitions.
