Summary by Moomoo AI
China Resources Power Holdings Co., Ltd. ("China Res Power") announced a summary of the unaudited financial statements of its wholly-owned subsidiary, China Resources Power Investment Co., Ltd., for the first nine months of 2024. The statement shows that China Resources Power Investment achieved an operating income of 45,209,667 RMB thousand in the first nine months of 2024, an increase from 43,782,795 RMB thousand in the same period of 2023. Net profit also significantly increased, rising from 1,726,017 RMB thousand in 2023 to 2,874,102 RMB thousand. Net profit attributable to owners also increased from 1,631,082 RMB thousand to 2,646,519 RMB thousand. In addition, as of September 30, 2024, the company's total assets and total liabilities were 129,123,749 RMB thousand and 83,417,423 RMB thousand respectively, compared to 114,469,735 RMB thousand and 69,512,211 RMB thousand as of December 31, 2023. The company emphasizes that the unaudited financial information is prepared in accordance with Chinese Accounting Standards and may be adjusted during the audit process. The announcement was made by the company's chairman, Shi Baofeng, on October 31, 2024, in Hong Kong.
