Summary by Moomoo AI
China Power International Development Co., Ltd. (“China Power”) announces audited financial results for the year ended 31 December 2023. The profit for the year was RMB4,533,955,000, an increase of 68.84% over the previous year, while the Group's equity holders accounted for a profit of RMB3,084,469,000, an increase of 16.48%. The ordinary shareholders of the company accounted for a profit of RMB2,660,322,000 and basic earnings per share of RMB0.22. The proposed final dividend is RMB 0.132 per share. During the year, the Group's clean energy division continued to release capacity and profitability, with significant increases in wind and photovoltaic profits, and the pyrotechnic division successfully achieved a profit and loss. Total power generation and total electricity sales decreased by 4.75% and 4.56%, respectively. The Group will continue to drive green strategic transformation, enhance technology innovation and enhance the value-creating capacity of the emerging energy industry.