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China Power International Development ( (HK:2380) ) has shared an update.
China Power International Development Limited reported a total electricity sale of 127,959,080MWh for the year ending December 31, 2024, indicating a substantial increase of 23.94% year-on-year. This growth was primarily driven by significant increases in hydropower and photovoltaic power generation, though the company faced a slight decline in December’s sales compared to the previous year. The announcement highlights the company’s strong performance and its strategic focus on renewable energy sources, which may reinforce its position in the energy market and impact stakeholders positively.
More about China Power International Development
China Power International Development Limited is a company based in Hong Kong that operates in the energy sector. It is involved in the production and sale of electricity through various types of power plants, including hydropower, wind power, photovoltaic power, coal-fired power, and natural gas power.
YTD Price Performance: -2.63%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.64B
See more data about 2380 stock on TipRanks’ Stock Analysis page.
