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CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) has shared an update.
CGN New Energy Holdings Co., Ltd. reported a 12.8% decrease in revenue to US$856.5 million for the first half of 2025, compared to the same period in 2024. The decline in profit, which fell by 10.9% to US$163.5 million, was mainly due to reduced tariffs and power generation from Korean projects and lower tariffs from PRC solar projects. The company decided not to declare an interim dividend for this period, reflecting the financial challenges faced.
More about CGN New Energy Holdings Co., Ltd.
CGN New Energy Holdings Co., Ltd. is a company incorporated in Bermuda with limited liability, primarily operating in the renewable energy sector. The company focuses on the generation and sale of electricity through various projects, including solar and wind energy, with a market presence in regions such as Korea and the People’s Republic of China (PRC).
Average Trading Volume: 10,384,671
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.81B
For an in-depth examination of 1811 stock, go to TipRanks’ Overview page.