China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has shared an announcement.
China Datang Corporation Renewable Power Co., Limited announced its financial results for the year ended December 31, 2024. The company reported a revenue of RMB12,575.90 million, a decrease of 1.77% from the previous year. Profit before tax also declined by 13.95% to RMB3,117.87 million, and net profit attributable to owners of the parent decreased by 13.63% to RMB2,377.95 million. The basic earnings per share fell by 14.06% to RMB0.2646. These results indicate a challenging year for the company, with decreases in key financial metrics, which may impact its market position and stakeholder confidence.
More about China Datang Corp. Renewable Power Co. Ltd. Class H
China Datang Corporation Renewable Power Co., Limited is a company that operates in the renewable energy sector, focusing on the generation and supply of renewable power. The company is involved in the production of electricity through various renewable sources, contributing to the sustainable energy industry.
YTD Price Performance: 8.00%
Average Trading Volume: 3,405
Technical Sentiment Signal: Sell
Current Market Cap: €1.96B
Learn more about 1798 stock on TipRanks’ Stock Analysis page.