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<Results> LONGYUAN POWER (00916.HK) Full-Year Net Profit RMB4.638 Billion, Down 27.9%; Final Dividend of RMB0.0625
Recommend 14 Positive 18 Negative 19 |
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LONGYUAN POWER (00916.HK) announced its 2025 annual results, reporting revenue of RMB30.253 billion, a year-on-year decrease of 18.6%. This decline was primarily due to a reduction in wind power on-grid tariffs and a decrease in average utilization hours, leading to reduced wind power sales revenue. The company recorded a net profit of RMB4.638 billion, a decrease of 27.9%, with an EPS of RMB0.5548. A final dividend of RMB0.0625 per share was declared. Excluding the impact of RMB504 million from the disposal of thermal power, the net profit for the year decreased by 21.8%, mainly due to a slight decline in revenue from new energy generation. However, operating costs increased with the growth in installed capacity, resulting in a decrease in operating profit. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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