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China Power International Development Reports Mixed Interim Results

China Power International Development Reports Mixed Interim Results

China Power International Development ( (CPWIF) ) has released its Q2 earnings. Here is a breakdown of the information China Power International Development presented to its investors.

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China Power International Development Limited is a Hong Kong-based company engaged in the generation and sale of electricity, primarily focusing on clean energy sources such as wind and photovoltaic power. The company operates in the energy sector and is known for its significant investments in renewable energy projects.

In its interim results for the first half of 2025, China Power International Development reported a slight increase in profit attributable to equity holders, reaching RMB 2.83 billion, despite a 9.87% decline in revenue compared to the same period in 2024. The company’s performance was bolstered by its wind and thermal power segments, with notable contributions from offshore wind projects and cost-effective coal procurement strategies.

Key financial metrics revealed a mixed performance across different segments. While revenue from wind and photovoltaic power grew by 16.69% and 3.08% respectively, thermal and hydropower segments saw declines due to reduced rainfall and partial disposal of coal-fired power interests. The company’s gross power generation and electricity sales also experienced slight decreases. Additionally, the operating profit margin for renewable segments declined due to adjustments in on-grid tariffs.

Looking ahead, China Power International Development remains committed to expanding its clean energy capacity, which accounted for approximately 81.79% of its total installed capacity by mid-2025. The company continues to focus on strategic acquisitions and new project developments to enhance its renewable energy portfolio.

Overall, China Power International Development’s management maintains a cautious yet optimistic outlook, emphasizing the importance of adapting to market-based tariff policies and continuing its growth trajectory in the clean energy sector.

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