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The latest announcement is out from China Power International Development ( (HK:2380) ).
China Power International Development Limited reported a 3.55% decrease in total electricity sold for January 2025 compared to the previous year. The company experienced significant growth in hydropower, wind power, and photovoltaic power, while coal-fired power saw a notable decline. This shift indicates a strategic move towards more sustainable energy sources, potentially impacting the company’s market positioning and stakeholder interests.
More about China Power International Development
China Power International Development Limited is a company incorporated in Hong Kong, operating in the energy sector. It focuses on the development and management of various power plants, including hydropower, wind power, photovoltaic power, coal-fired power, and natural gas power.
YTD Price Performance: 2.11%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.79B
Learn more about 2380 stock on TipRanks’ Stock Analysis page.