CGN Power Co. Shows Steady Mid-Year Growth

CGN Power Co (HK:1816) has released an update.

CGN Power Co., Ltd. reports a slight increase in operating revenue and net profit for the first half of 2024, with a 0.3% and 2.2% rise respectively compared to the same period in 2023. Despite longer refueling outages, on-grid power generation remained stable, and the company’s nuclear power units contributed to a significant reduction in carbon dioxide emissions. Ten new nuclear power units are currently under construction, promising steady growth for the company.

For further insights into HK:1816 stock, check out TipRanks’ Stock Analysis page.