China Longyuan Power Group Corp Class H ( (CLPXF) ) has released its Q2 earnings. Here is a breakdown of the information China Longyuan Power Group Corp Class H presented to its investors.
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China Longyuan Power Group Corp, a leading renewable energy company in China, specializes in the development and operation of wind and photovoltaic power plants. The company is a significant player in the renewable energy sector, known for its extensive wind power generation capacity.
In its latest earnings report for the first half of 2025, China Longyuan Power Group Corp announced a decrease in revenue and profit compared to the same period in 2024. The company reported a revenue of RMB15,657 million, marking an 18.6% decline, and a net profit attributable to equity holders of RMB3,519 million, reflecting a 14.4% decrease.
Key financial highlights include a profit before taxation of RMB5,149 million, down 12.1% from the previous year, and earnings per share of RMB0.42, a decrease of RMB0.07. The company also reported a significant increase in photovoltaic power generation, up by 71.37% year-on-year, despite a decline in wind power utilization hours.
The company continues to focus on expanding its renewable energy capacity, with net additions of over 2,000 MW in new energy installed capacity. It remains committed to enhancing operational efficiency and safety, as well as integrating digital and intelligent platform applications to improve safety and environmental protection.
Looking ahead, China Longyuan Power Group Corp aims to maintain steady progress by optimizing asset efficiency and pursuing high-quality development. The company is poised to navigate the evolving energy market landscape and contribute to China’s renewable energy goals.