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China Longyuan Power's Surge in Renewable Energy Output
china longyuan (00916.HK) completed a total power generation of 5.9 million megawatt-hours in October, an 8.22% year-on-year increase.
Grey Finance on November 8th: China Longyuan Power (00916.HK) announced that in October 2024, according to the consolidated financial statements, the electricity generation was 5,897,268 megawatt hours, an increase of 8.22% year-on-year compared to the same period in 2023. Among them, wind power generation increased by 24.35%, while other renewable energy generation increased by 67.68%. As of October 31, 2024, the company's cumulative electricity generation completed in 2024 was 62,743,860 megawatt hours, a 2.94% year-on-year increase compared to the same period in 2023. Among them, wind power generation increased by 0.44%, other renewable energy generation
china longyuan (00916) cumulatively completed a power generation of 62.74386 million megawatt hours in the first 10 months, a year-on-year increase of 2.94%.
China Longyuan (00916) announced that it completed a power generation of 5,897,2... in October 2024 according to the consolidated financial statements.
Express News | China Longyuan Power - Power Generation for October on a Consolidated Basis 5.9 Mln Mwh
Tianfeng: Maintains a "buy" rating on China Longyuan (00916), asset injection will help boost installed capacity growth.
tianfeng expects the china longyuan's net income attributable to the parent company to be 6.6, 7.5, 8.2 billion yuan from 2024 to 2026.
Citic Securities: Profit improvement in clean energy operation in Q3 24, highlighting the bright spots of thermal power operation.
Under the influence of weak wind conditions and pressure on electricity prices, the revenue of the new energy generation sector only increased by 0.76% year-on-year; the net income attributable to the parent company decreased by 5.79% year-on-year.
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