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CGN Power Co ( (HK:1816) ) just unveiled an announcement.
CGN Power Co., Ltd. reported a notable increase in power generation for the first quarter of 2025, with a total of approximately 60,174 GWh, marking a year-on-year rise of 9.25%. The on-grid power generation also saw a similar increase of 9.41%, reaching 56,689 GWh. This growth is attributed to shorter refueling outages at several power stations and the commencement of commercial operations at Fangchenggang Unit 4 in May 2024. These developments highlight the company’s enhanced operational efficiency and its strategic positioning in the nuclear power sector.
More about CGN Power Co
CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the nuclear power industry. The company, along with its subsidiaries, focuses on the generation and management of nuclear power, contributing significantly to the energy sector with a strong emphasis on sustainable and efficient power production.
YTD Price Performance: -0.05%
Technical Sentiment Signal: Strong Sell
Current Market Cap: $21.7B
See more data about 1816 stock on TipRanks’ Stock Analysis page.
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