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Datang International Power Generation's H1 Profit Jumps 68%
Datang International Power Generation released its interim performance, with a net income attributable to the parent company of 3.243 billion yuan, an increase of 68.38% year-on-year.
Datang International Power Generation (00991) announced its mid-year performance in 2024. The group achieved operating revenue of RMB 58.31 billion, a year-on-year increase of 0.19%. The net income attributable to equity holders of the company was RMB 3.243 billion, a year-on-year increase of 68.38%. Earnings per share were RMB 0.1315.
Datang International Power Generation has provisioned for an impairment of assets totaling approximately 0.728 billion yuan.
Datang International Power Generation (00991) issued an announcement to objectively reflect the company's asset status and operational results, ensure the authenticity and reliability of accounting information, and in accordance with the provisions of the Enterprise Accounting Standards and the company's relevant financial accounting system, intends to make provision for impairment of assets that show signs of impairment in some affiliated enterprises. A provision for impairment of approximately RMB 0.728 billion was made for impairment of construction in progress, impairment of fixed assets, and impairment of credit, which is expected to reduce the company's total profit in 2024 by approximately RMB 0.728 billion and reduce the net income attributable to the parent company by approximately RMB 0.728 billion (the above data has not been audited).
Datang International Power 1H Net CNY3.24B Vs. Net CNY1.93B >0991.HK
Datang International Power 1H Rev CNY58.31B Vs. CNY58.20B >0991.HK
Datang International Power Generation 2024 Semi-annual Report
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