CGN New Energy Holdings Co., Ltd. (HK:1811) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
CGN New Energy Holdings Co., Ltd. reported a 4.7% decrease in power generation in May 2024 compared to the previous year, attributing the decline to a significant drop in wind speeds and increased power rationing. Despite the overall downturn, the company saw substantial increases in solar, cogen, gas-fired, and hydro projects, with solar power production jumping 35.3%. These figures are preliminary and unaudited, serving as an informational guide for investors.
For further insights into HK:1811 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “…Overlook a Lack of Earnings Power”: UBS Analysts Target Intel Stock (NASDAQ:INTC), Stock Gains
- “…Significantly Extend the Reach and Lethality of our Fleet”: Boeing Stock (NYSE:BA) Slips Despite Successful MQ-25A Test
- “Direct Result of Your Feedback….” Microsoft Stock (NASDAQ:MSFT) Slips as The Option to Skip Updates Emerges