An update from China Longyuan Power Group ( (HK:0916) ) is now available.
China Longyuan Power Group reported a slight increase in revenue for the first quarter of 2025, with a total of RMB8,140 million, despite a decline in net profit by 21.82% compared to the previous year. The company’s wind power segment experienced a revenue decrease of 1.89%, while the PV power segment saw a significant increase of 43.09%. The overall power generation decreased by 4.42%, but excluding coal power, there was an 8.81% increase. The company added 36.25 MW of new capacity, mainly in wind power, while reducing biomass power capacity due to the liquidation of a subsidiary.
More about China Longyuan Power Group
China Longyuan Power Group Corporation Limited is a leading renewable energy company primarily engaged in the development, operation, and management of wind and photovoltaic (PV) power projects. The company focuses on expanding its renewable energy portfolio, particularly in wind and PV power sectors.
YTD Price Performance: 2.48%
Average Trading Volume: 970
Technical Sentiment Signal: Hold
Current Market Cap: $15.09B
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