Research reports | Changjiang Securities: Huaneng Lancang River Hydropower Inc. Q2 and first half performance is expected to accelerate growth, maintaining "buy" rating.

Changjiang Securities' research report pointed out that with both quantity and price rising, Huaneng Lancang River Hydropower Inc. (600025.SH) has an excellent outlook for the first half of the year. With the exclusion of the lower electricity prices in 2020 from the rolling calculation, the constraints on the price increase of Yunnan province's internal electricity in 2024 will be released to some extent. Combined with the continuous tense situation of the supply and demand of electrical utilities in Yunnan province, it is expected that the market-oriented transactional electricity prices in Yunnan province will see a year-on-year increase. Overall, under the strong support of the expected boost in quantity and price, the company's performance in the second quarter and the first half of the year is expected to accelerate. As it enters the peak period of electricity consumption in the third quarter, it is expected that the abundant capacity will be converted into strong output to support the second half of th

Gelonghui FinanceJul 8 03:14 ET

Lancang River Hydropower's Electricity Output Rises 12% in H1

Huaneng Lancang River Hydropower's (SHA:600025) power generation reached 46.7 billion kilowatts in the first half of the year, up 12.2% from a year earlier, according to the company's filing on the Sh

MT NewswiresJul 5 00:47 ET

Express News | Huaneng Lancang River Hydropower Says H1 Power Generation 46.7 Bln Kwh, up 12.2% Y/Y

ReutersJul 4 06:46 ET

Huaneng Lancang River Hydropower Inc (600025.SH): The company generated 46.695 billion kilowatt-hours in the first half of the year, an increase of 12.15% year-on-year.

On July 4, Glon Hui reported that Huaneng Lancang River Hydropower Inc. (600025.SH) announced that it had completed a generating capacity of 46.695 billion kilowatt-hours in the first half of the year ending June 30, 2024, an increase of 12.15% year on year, with a networked power of 46.272 billion kilowatt-hours, an increase of 12.36% year on year. The main reasons for the increase in generating capacity in the first half of 2024 compared to the same period last year are: firstly, the increase of new energy installation scale, combined with the good situation of wind power and photovoltaic power generation, resulted in a significant increase in new energy power generation; secondly, the water inflow into the Lancang River basin in the first half of the year was about 30% more than that in the same period last year, with Wulonglong, Xiaowan and Nuozhadu sections increasing by 3% respectively.

Gelonghui FinanceJul 4 05:28 ET

Huaneng Lancang River Hydropower (SHSE:600025) Has More To Do To Multiply In Value Going Forward

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an incre

Simply Wall StJun 26 18:32 ET

Huaneng Lancang River Hydropower Inc. (600025.SH): the first unit of Tobahydroelectric power station has been put into operation for power generation.

Huaneng Lancang River Hydropower Inc. (600025.SH) announced that the first unit of the Tobahydro power station, to which the company belongs, with a capacity of 350,000 kilowatts, has...

Zhitong FinanceJun 17 04:16 ET