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Returns At China Power International Development (HKG:2380) Appear To Be Weighed Down
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an
Electric power stocks continue to adjust, but the heat wave pattern will continue to be bullish.
By ATFX: Most of the electric power stocks fell this morning. Huaneng Power International, Inc. (00902) announced a decline in its completed on-grid electricity volume for the last quarter, causing the stock price to fall more than 2% this morning. China Power (02380) saw a 33% increase in its electricity sales volume in the first half of the year, but its stock price fell by 0.8%. Datang International Power Generation (00991) fell by 0.6%; State Power Investment Corporation Limited (01071) fell by 0.8%; China Resources Power Holdings Company Limited (00836) fell by 0.5%. Huaneng Power International, Inc. announced that in the first half of the year, various operating power plants in China completed a cumulative on-grid electricity volume of 210.678 billion kilowatt-hours according to the merged financial statements, a year-on-year decrease of 0.22%. In the second quarter of which, China
China Power Reports Soaring Electricity Sales
China Power's total power sales in June was 11.8987 million megawatt-hours, an increase of 36.20% year-on-year.
China Power (02380.HK) announced on July 16th that the total consolidated electricity sales in June 2024 was 11,898,681 megawatt hours, an increase of 36.20% compared to the same period last year, and the total consolidated electricity sales in the first six months of 2024 was 64,344,154 megawatt hours, an increase of 33.33% compared to the same period last year.
Express News | China Power International Development - June Combined Total Electricity 11.9 Mln Mwh, Increase of 36.20%
JAKS Resources Unit, China Power to Bid for Solar PV Project in Malaysia; Shares Rise 6%
JAKS Resources (KLSE:JAKS) unit JAKS Solar Power inked a memorandum of understanding with China Power Engineering Consulting Group International Engineering to develop solar photovoltaic (PV) plants,
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