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China Power International Development ( (HK:2380) ) has provided an update.
China Power International Development Limited reported a decrease in electricity sales for the first half of 2025, with a total of 62,536,560 MWh sold, marking a 2.81% decline compared to the same period last year. The decline was primarily due to reduced sales from hydropower and coal-fired power plants, while wind and photovoltaic power saw increases. This shift in energy production mix may impact the company’s operational strategies and market positioning as it adapts to changing energy demands and regulatory environments.
The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited is a company incorporated in Hong Kong, focusing on the generation and sale of electricity. The company operates a diverse portfolio of power plants, including hydropower, wind power, photovoltaic power, coal-fired power, and natural gas power, catering to various regions in China.
Average Trading Volume: 28,883,117
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$38.84B
For an in-depth examination of 2380 stock, go to TipRanks’ Overview page.