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China Power Expects Significant Profit Surge
Company Announcements

China Power Expects Significant Profit Surge

China Power International Development (HK:2380) has released an update.

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China Power International Development Limited anticipates a substantial profit increase of 45% to 55% for the first half of 2024, compared to the same period in 2023. This growth is attributed to improved hydropower generation, contributions from newly acquired clean energy projects, and decreased fuel costs in their thermal power segment. Investors are advised to act cautiously and seek professional advice when trading shares.

For further insights into HK:2380 stock, check out TipRanks’ Stock Analysis page.

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